main navigation menu
World Bank building

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

Young woman bending down to tending to her outside chores

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.

Stay Connected

Barlows Equipamentos Companhia Limitada

$18.5 million
Project Brief
Not Active

MIGA coverage totaling $18.5 million was issued to Barlows Tractor International Limited of the United Kingdom for its shareholder loan and equity investment in Barlows Angola. The guarantee covers the investments against the risks of transfer restriction, expropriation, and war and civil disturbance. Barlows Angola will establish an exclusive dealership, including a showroom, warehouse, administrative offices, and a repair and maintenance workshop for power generation and forklift equipment at the Luanda Sul Industrial site, south of the capital city Luanda. The project will have a significant impact on the supply of Angola's construction equipment. Local companies will be involved in the design and construction of the dealership and housing for its employees. It is anticipated that $6.2 million of goods and services will be procured locally during operation. Barlows Angola will provide employment and technical skills training programs for about 150 Angolan nationals. Moreover, it will maintain an on-site medical clinic and provide scholarships to local staff and their families.