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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 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.

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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.

Ukraine

Can-Pack Ukraine Ltd.

$33.7 million
Manufacturing
Project Brief
Not Active
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MIGA issued two guarantees totaling $33.7 million to  Can-Pack S.A.[1] and its subsidiary Pol-Am-Pack[2], both of Poland, for their investment in Ukrainian subsidiary, Can-Pack Ukraine Ltd. The contracts replace a previous contract issued to Can-Pack S.A. in 2003, reflecting Can-Pack’s transfer of 47 percent control of Can-Pack Ukraine to Pol-Am-Pack. The guarantees cover the investors’ equity investment in the project. The coverage protects against the risks of expropriation, war and civil disturbance, and transfer restriction. The project involves the operation of an aluminum beverage can production plant. MIGA is also providing coverage for a shareholder loan, and a management and technical assistance contract for the project under guarantees issued in 2003.

 

[1] The Can-Pack S.A. guarantee was cancelled on September 03, 2018.

[2] The Pol-Am-Pack guarantee was expired on March 24, 2014.

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