The Multilateral Investment Guarantee Agency (MIGA), founded in 1988 and headquartered in Washington D.C., offers political risk insurance to promote foreign direct investment in developing countries. MIGA's 175 member countries help resolve investor claims against host governments and focus on strategic priorities like supporting investment in conflict-affected environments and complex infrastructure projects. Its guarantees cover various risks, including currency transfer restrictions and expropriations, providing assurance that investments will be protected.

1. Submitted to
DR.N.Sree Rajani madam

2. Multilateral Investment Guarantee
Agency
• It offers political risk insurance.
• Founded in the year 1988.
• Headquartered at Washington D.C.
• Established to promote foreign direct investment in to
developing countries by insuring investors against political
risk, advising governments on attracting investments and
mediating disputes between investors and governments.
• 175 member countries comprise MIGA’s shareholders.

3. • It enables the organization to intervene with
host governments to resolve claims before they
are filed.

4. Strategic priorities of MIGA:
• IDA-Eligible countries.
• In conflict affected environments.
• In complex projects, particularly in
infrastructure and project finance deals.
• From one developing country to another.

5. Guarantees by MIGA:
• Currency transfer restrictions.
• Expropriations.
• War & civil disturbances.
• Breach of contract.
• Non-honoring of sovereign financial obligations.
• It guarantees offer much more than just the assurance
that losses will be recovered.

6. MIGA covers:
• New, green investments.
• New investment contributions associated with
expansion, modernization or financial
restructuring of state enterprises.
• Acquisitions involving privatization of state
enterprises.

7. Projects undertaken:
• Bujagali hydropower project in Uganda.
• Doraleh container terminal in Djibouti.