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MIGA’s goal is to promote foreign direct investment into developing countries to support economic growth and more.

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Explore different types of political risk insurance guarantees provided to investors and lenders.

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Explore global projects that support economic growth, reduce poverty and improves people’s lives.

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Learn about the progress MIGA is making in its mission to support economic growth, reduce poverty and improve people’s lives.

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World Bank building

MIGA’s goal is to promote foreign direct investment into developing countries to support economic growth and more.

Our Impact Dropdown Description

Hands husking peas into a basket full of peas

Learn about the progress MIGA is making in its mission to support economic growth, reduce poverty and improve people’s lives.

Our Products Dropdown Description

Young woman bending down to tending to her outside chores

Explore different types of political risk insurance guarantees provided to investors and lenders.

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Hyundai building

Explore global projects that support economic growth, reduce poverty and improves people’s lives.

Press Release

First MIGA-Insured Investment Fund and First Project in Ukraine

twitteremail

First MIGA-Insured Investment Fund and First Project in Ukraine

Washington, D.C., May 22, 1998 — The Multilateral Investment Guarantee Agency issued, for the first time, a guarantee to cover an equity investment fund, the Agency announced today. Also for the first time, MIGA will cover local downstream investments made by the equity fund. It is also MIGA's first project in the country.

The facility, Ukraine Investments Limited (UIK/Fund), is incorporated in Ukraine. It is capitalized by a $30 million investment made by its owner, the Bahamas-based Ukrainian Investment Fund Limited (UIFL), which is listed on the Irish stock exchange. The fund will invest in projects that focus on the agribusiness, construction, and infrastructure sectors, and meet MIGA's criteria for developmental benefits and environmental soundness.

The fund is expected to set a precedent for the creation of other similar funds and encourage institutional investors and portfolio managers to utilize MIGA's service to support investments into emerging markets.
 

twitteremail