main navigation menu miga logo
World Bank building

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

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.

Subscribe to Our Monthly Newsletter
x

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.

Bangladesh

Karnaphuli Fertilizer Company Limited

$32.2 million
Manufacturing
Project Brief
Not Active
twitteremail

In fiscal 1991 MIGA issued guarantees of $9.9 million each to support Marubeni Corporation and Chiyoda Corporation, two Japanese equity investors in the Kamaphuli Fertilizer Company, Ltd. (KAFCO) in Bangladesh. This $500 million fertilizer facility experienced delays in implementation that necessitated a restructuring of the complex project financing. As a result, both Marubeni and Chiyoda increased their contributions to the project in fiscal 1992. MIGA issued $16.1 million of additional coverage to each of these Japanese investors to cover their loans to the project.

twitteremail