What are the benefits of becoming a member of MIGA?
Others answers (1)
- eAnswers...Dec 18, 2014
The benefits of becoming a member of Multilateral Investment Guarantee Agency (MIGA) are:
* MIGA's guarantee can help investors obtain access to ECB with improved financial terms and conditions.
* Once a member of MIGA, the private sector and corporations in the country will have the option of directly applying to MIGA for issuance of guarantee to attract Foreign Direct Investment (FDI).
* Premium rates are decided on a per project basis, and vary by country, sector, transaction and the type of risk insured.
* The move will allow the private sector and corporations of a country to explore external commercial borrowing.
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