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PRESS RELEASE

Head of MIGA Visits China

January 27, 2015


Washington, DC , Beijing, January 27, 2015 – Keiko Honda, the Executive Vice President and CEO of the Multilateral Investment Guarantee Agency (MIGA)—the political risk insurance and credit enhancement arm of the World Bank Group—will visit China January 28-30. The visit will underscore MIGA’s commitment to support both outbound and inbound foreign direct investment in the country.

Honda will meet with government officials, financial institutions, and the private sector to discuss the role MIGA can play in assisting Chinese investors as they look for opportunities outside the country. She will note the Agency’s experience in catalyzing private-sector involvement in projects that provide sustainable development solutions for emerging markets.

Additionally, Honda will discuss ways in which MIGA can support the government’s public-private partnership agenda, especially in the infrastructure sector, through the Agency’s investment guarantees. MIGA’s past support includes projects in the water, wastewater and solid waste treatment sectors.

“China’s determined internal goals coupled with its economic strength make it a significant source of both inbound and outbound investment,” said Honda. “We are pleased to have these discussions, as we recognize the country’s infrastructure program will continue to be a foundation of growth. At the same time, we are here to ensure that Chinese investors are aware of our range of products as they seeking to expand into global markets.”



Media Contacts
In Beijing
Li Li
Tel : 86 10 58617850
lli2@worldbank.org


PRESS RELEASE NO:
2015/01/27

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