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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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Explore different types of political risk insurance guarantees provided to investors and lenders.

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.

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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

P.T. Hokiruku United Forging Industry

$1.46 million
Manufacturing
Project Brief
Not Active
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MIGA issued a $1.46 million guarantee to Komatsu Ltd, a Japanese company, to cover its equity investment in P.T. Hokuriku United Forging Industry, an Indonesian joint venture. The company will manufacture and export forged machinery parts for construction equipment and commercial vehicles. Through an extensive training program for its forty-six Indonesian employees, the project will transfer modem forging technology and quality standards. The project will have a $3.7 million annual net positive effect on the balance of payments and generate annual tax revenues of over $300,000. MIGA will provide war and civil disturbance coverage for 90 percent of Komatsu's investment for fifteen years.

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