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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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Indonesia

Freeport Indonesia, Incorporated

$50 million
Mining
Project Brief
Not Active

MIGA's $50 million guarantee provides security for this U.S. company's $500 million expansion of a copper, gold and silver mining project in Irian Jaya, Indonesia. Freeport McMoran's expansion of its existing and successful mining operation will enable it to contribute to the domestic economy through increased earnings, employment and local procurement. The guarantee covers loss arising from breach of contract and war risks for a period of 14 years.