2004 Annual Report
Although a small agency, the Multilateral Investment Guarantee Agency (MIGA) has a broad mandate-to promote productive foreign direct investment (FDI) flows into developing countries. The Agency's results in fiscal 2004 were mixed. While the...
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| Format: | Publication |
| Language: | English en_US |
| Published: |
Washington, DC: World Bank
2013
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| Online Access: | http://documents.worldbank.org/curated/en/2004/01/5442567/multilateral-investment-guarantee-agency-miga-2004-annual-report http://hdl.handle.net/10986/14275 |
| Summary: | Although a small agency, the
Multilateral Investment Guarantee Agency (MIGA) has a broad
mandate-to promote productive foreign direct investment
(FDI) flows into developing countries. The Agency's
results in fiscal 2004 were mixed. While the total amount of
guarantees issued fell slightly, to $1.1 billion, a greater
proportion of projects supported were in the poorer
countries eligible for financing from the International
Development Association (IDA). In membership, the Islamic
Republic of Iran and Suriname joined MIGA, bringing the
number of member countries to 164. Highlights for the year
include: first guarantee coverage for investors from the
Czech Republic and Poland; three water projects
supported-two in China and one in Russia; 16 projects
supported in conflict-affected countries; 65 technical
assistance activities conducted in 29 countries, along with
regional and global initiatives; new technical assistance
work initiated in Afghanistan, China, Mali, Paraguay, South
Africa and Tajikistan; the European Investor Outreach
Program launched with co-funding from the Austrian
government; and FDI Promotion Center launched. |
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