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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 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.

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Chile

Telefonica Celular de Chile, S.A.

$5.4 million
Telecommunications
Project Brief
Not Active

Millicom, a Luxembourg company majority-owned by Swedish interests, will be operating a cellular telephone network throughout Chile. The service will increase the availability and improve the quality of telephone communication in Chile as well as increase competition in the communications sector. MIGA has insured Millicom for $5.4 million against currency transfer, expropriation, and war and civil disturbance for 15 years.