I recently returned from a visit to seven countries throughout Asia. Although I had visited some of them before, this was my first visit representing MIGA . During my trip, I recognized the value and potential of MIGA’s focus on south/south investment to investors in this region. Of course providing guarantees to support inward investment to Asia is very important to MIGA, especially guarantees for complex infrastructure projects . MIGA can add a lot of value to these types of projects – particularly when it comes to helping manage the environmental and social aspects  of projects.
However, even through this global economic crisis, many private sector companies in Asian middle income countries have become “investors” in other parts of the world. Investments from Asia reach many of the poorest and post-conflict countries. At the same time, risk-mitigation instruments such as political risk insurance are not well known. We see a role for MIGA in sharing experience and working with Asian export credit agencies and Eximbanks to bring Asian investors the risk mitigation tools  they need to help continue expanding their investments.