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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.

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

Hyundai building

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

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.

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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.

Projects Dropdown Descriptions

Hyundai building

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

Azerbaijan

Baku Coca-Cola Bottlers Limited

$16.5 million
Manufacturing
Project Brief
Not Active
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MIGA issued its first guarantee in Azerbaijan to Efes of Turkey for its $18.3 million equity investment to establish a soft drink bottling and distribution facility about five miles from Baku. MIGA guarantees of $16.5 million cover the investment against the risks of expropriation and war and civil disturbance.

The project enterprise is a joint venture with Ilchin, a private company owned by two Azeri entrepreneurs, and IFC, which will make a loan and an equity investment in the project. The facility, Baku Coca-Cola Bottlers Limited, will be the first of its kind Azerbaijan. It will adopt efficient distribution and modern inventory management systems to increase the and sales of soft drinks in the country project enterprise will create about new jobs and initiate training programs in the polyethylene production process. It benefits local distributors, manufacturers, and suppliers of input materials such as packing cases and pallets.

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