Miga.org provides resources and insurance on foreign investment services
Title
MIGA - Multilateral Investment Guarantee Agency
Description
As a member of the World Bank Group, MIGA's mission is to promote foreign direct investment (FDI) into developing countries to help support economic growth, reduce poverty, and improve people's lives.
The development needs today are stark. Nearly 28 percent of the world's population—1.7 billion people—lives on less than a dollar a day. Billions of people live without access to safe drinking water or sewage treatment. Children can't attend school because there's no electricity to light classrooms in some countries, and no roads to get to school in others. The list goes on. Developing country governments cannot shoulder the burden—financially or technically—of addressing these needs alone.
Foreign direct investors can play a critical role in reducing poverty, by building roads, for example, providing clean water and electricity, and above all, providing jobs. By taking on these tasks, the private sector can help economies grow and avert the need for governments to use funds better spent on acute social needs, while taking advantage of the opportunity to make profitable investments.
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