Head of MIGA Visits Myanmar

Head of MIGA Visits Myanmar

View the press release in Myanmar 

Washington, DC , Yangon, October  21 , 2014 – 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 Myanmar October 22-24. The visit underscores MIGA’s commitment to helping the Agency’s newest member achieve its growth potential. It is the first time the head of MIGA has visited the country.

Honda will be meeting with government officials, members of parliament, and the private sector to emphasize that MIGA is ready to assist Myanmar in meeting its urgent need for electricity, other infrastructure, and a thriving finance sector. She will also use the opportunity to express support for creating more opportunities for women.

“Myanmar is a country at a crossroads and we are eager to support investments that help the country succeed in its transformation,” says Honda. “Investments that create jobs—especially for women—and provide critical infrastructure will help Myanmar realize the benefits of this historic change.”

Honda noted that the government is promoting an ambitious economic reform agenda to drive stronger growth, but challenges remain. “MIGA will work with its World Bank Group partners and others to encourage more foreign direct investment to support economic expansion and contribute to these plans.”

Myanmar became MIGA’s 180th member in December of last year.

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MULTILATERAL INVESTMENT GUARANTEE AGENCY
A Member of the World Bank Group
1818 H Street, NW, Washington, DC 20433

MIGA Contact:
Mallory Saleson, MIGA
Tel: +1 202 473-0844
E-mail: msaleson@worldbank.org

Rebecca Post, MIGA
Tel: +1 202-473-1964
E-mail: rpost@worldbank.org

Cara Santos Pianesi, MIGA
Tel: +1.202.458.2097
E-mail: csantospianesi@worldbank.org