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Project Description. On December 17, 2017, MIGA issued a guarantee for $6.93 million for the equity investment in assets by Palestine Real Estate Investment Company (PRICO) in its subsidiaries, PRICO Operating and Maintenance Ltd. in the West Bank and PRICO Contracting and Trading Ltd. in the Gaza Strip. The investor applied for a guarantee under MIGA’s West Bank and Gaza Investment Guarantee Trust Fund and under MIGA’s Conflict-Affected and Fragile Economies Facility for a period of up ...

Explore global projects that support economic growth, reduce poverty and improves people’s lives. Search Projects. OUR IMPACT. Middle East and North Africa. The Middle East and North Africa (MENA) is at a critical crossroads and the World Bank Group, including MIGA, has a vital role to play in helping the region lay the foundation for stability and shared prosperity.

History. The idea for a multilateral political risk insurance provider was floated long before MIGA’s establishment—in fact as far back as 1948. But it was not until September 1985 that this idea started to become a reality. At that time the World Bank’s Board of Governors began the process of creating a new investment insurance affiliate by endorsing the MIGA convention that defined its core mission: "to enhance the flow to developing countries of capital and technology for productive ...

With 189 member countries, staff from more than 170 countries, and offices in over 130 locations, the World Bank Group is a unique global partnership: five institutions working for sustainable solutions that reduce poverty and build shared prosperity in developing countries.

Banco de Comercio Exterior de Colombia S.A. On December 19, 2022, the Multilateral Investment Guarantee Agency (MIGA), a member of the World Bank Group (WBG), issued a guarantee totaling US$546.8 to JPMorgan Chase Bank N.A. (JPM) covering their three-year loan to...

With 189 member countries, staff from more than 170 countries, and offices in over 130 locations, the World Bank Group is a unique global partnership: five institutions working for sustainable solutions that reduce poverty and build shared prosperity in developing countries.