MIGA Head Visits Panama

MIGA Head Visits Panama

Washington, DC, March 19, 2015—Keiko Honda, Executive Vice President and Chief Executive Officer of the Multilateral Investment Guarantee Agency (MIGA)—the political risk insurance and credit enhancement arm of the World Bank Group, arrives in Panama City on March 22 for a visit underscoring the agency’s support to Panama.

Honda will meet with government officials and private investors, including banks, to showcase how MIGA’s investment insurance and credit enhancement can further help the country meet its development objectives. She will also visit the Line One Metro project in Panama City that MIGA has supported since June 2012.

“Panama has seen exceptional growth in recent years and we’re pleased to support inbound investment that has sustainable impact, like the metro, as well as Panamanian companies looking at opportunities abroad,” said Honda. “I’m here to raise awareness about how MIGA can contribute to further growth and development by supporting cross border private investors, including banks.”

Since the agency’s inception, MIGA has provided $643 million in guarantees to support investments into Panama in the transportation and banking sectors. The agency has insured outbound investment in the transportation, power, agribusiness, and manufacturing sectors.

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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