Ege Serbest Bolge Kurucu Ve Isleticisi AS
MIGA issued guarantees for $9.5 million to EAC/Turkey International Enterprises, Inc. and $90.7 million in nonshareholder loan coverage to Aegean Free Zone, LLC for their investments in Ege Serbest Bolge Kurucu Ve Isleticisi AS to expand the Aegean Free Zone in Turkey. The Aegean Free Zone is Turkey's first privately owned industrial and technology park. The guarantees cover the risk of expropriation. (The contracts were cancelled before the end of the fiscal year.)