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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.

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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About Dropdown Description

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.

Indonesia

Freeport Indonesia, Incorporated

$50 million
Mining
Project Brief
Not Active
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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.

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