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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.

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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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Explore global projects that support economic growth, reduce poverty and improves people’s lives.

West Bank and Gaza

National Beverage Company - Gaza Branch

$2.3 million
Manufacturing
Project Brief
Active
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On December 13, 2011, MIGA issued a guarantee of $2.3 million to National Beverage Company of West Bank and Gaza for its equity investment in its distribution branch in the Gaza Strip. The coverage is for a period of up to 10 years against the risks of expropriation and war and civil disturbance. The guarantee was underwritten through the MIGA-administered West Bank and Gaza Investment Guarantee Trust Fund.

National Beverage Company Limited (NBC) produces and distributes beverages (carbonated soft drinks, juice, and water) in the West Bank and Gaza. The investment involves the expansion of a NBC branch in the Gaza Strip (Gaza Branch) and enhancement of its distribution by renovating a warehouse, installing new distribution equipment, and purchasing new trucks. Gaza Branch, located in the Gaza Industrial Estate, was established in 1999 as a distribution center. The products are manufactured in West Bank, then delivered to and stored in a warehouse in the Gaza Strip for distribution to the retailers. 

The guarantee is in line with the World Bank’s interim strategy for the West Bank and Gaza to support economic and private sector development, and to contribute to economic diversification. MIGA’s support will help sustain NBC’s ongoing operations in Gaza, employing around 40 full-time staff at a time when job opportunities are extremely limited due to the ongoing blockade of the Gaza Strip. The guarantee is also in line with MIGA’s strategy of supporting investments in conflict-affected environments.

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