World Bank’s MIGA Guarantees $8B in Loans for India’s Infrastructure, Boosting Private Capital ...Middle East

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World Bank’s MIGA Guarantees $8B in Loans for India’s Infrastructure, Boosting Private Capital
source : Bloomberg News Today ( Middle East ) () 15
NEW DELHI: In a significant development for India’s infrastructure sector, the World Bank’s Multilateral Investment Guarantee Agency (MIGA) is set to guarantee up to $8 billion of loans for state-owned infrastructure developers and local government bodies. This move, aimed to stimulate private investment in public projects, aligns with India’s ambitious infrastructure development strategy. Strategic Expansion and Financial Support Junaid Kamal Ahmad, MIGA’s vice-president of operations, highlighted the agency’s commitment to underwriting loans across vital sectors such as logistics, transport, electricity, and water. Recently, the Dedicated Freight Corridor

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