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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.

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.

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Hyundai building

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

Madagascar

Nosy Hotels, S.A.

$3.6 million
Tourism
Project Brief
Not Active
twitteremail

MIGA has issued a total of $3.6 million in guarantees to this French hotel company's equity investment in three separate hotel companies (to eventually encompass a total investment of $122.7 million) that will construct hotels in several locations in Madagascar. Savana will operate the hotels after construction is completed. Savana's garden hotels are targeted to attract upscale tourists to Madagascar. The risks insured by MIGA under the contract of guarantee are expropriation and war and civil disturbance for 15 years.

twitteremail