Multilateral Investment Guarantee Agency

The Multilateral Investment Guarantee Agency (Multilateral Investment Guarantee Agency - MIGA ) is a part of the World Bank Group.

The mLGA is the youngest member of the World Bank Group. Your device has been decided in October 1985, in April 1988 it reached the necessary foundation for the minimum number. Your primary goal is to promote foreign direct investment in developing countries by providing guarantees against non-commercial risks such as transfer restrictions, breach of contract, war, civil unrest and expropriation. It also advises the governments of developing countries in the formulation of programs for the promotion of foreign investment. MIGA attempts with their instruments, both national investment guarantee agreements or capital protection agreements as well as private insurance to supplement against political risks.

MIGA also provides services in the areas of technical assistance and investment advice. These have to spread the aim to support activities of investment promotion, relevant information on the Internet ( IPAnet ) and to strengthen the capacities in the relevant developing countries.

In fiscal 2003, 59 guarantee contracts were signed with a total value of $ 1.4 billion, with whom an estimated investment volume of U.S. $ 5.2 billion was made possible in 28 countries, of which about one-fifth in the poorest countries.

Germany is a founding member and with a capital share of about U.S. $ 1 billion with around 3.8 % stake ( share of voting rights 4.47% ).