diff --git a/lib/migrations/spending_proposal/budget_investment.rb b/lib/migrations/spending_proposal/budget_investment.rb
index 1227d3e0343..8eb4bf27dd3 100644
--- a/lib/migrations/spending_proposal/budget_investment.rb
+++ b/lib/migrations/spending_proposal/budget_investment.rb
@@ -7,7 +7,7 @@ def initialize(spending_proposal)
   end
 
   def update
-    if budget_investment && budget_investment.update(budget_investment_attributes)
+    if updated?
       print "."
     else
       puts "Error updating budget investment from spending proposal: #{spending_proposal.id}\n"
@@ -24,6 +24,17 @@ def find_budget_investment
       budget.investments.where(original_spending_proposal_id: spending_proposal.id).first
     end
 
+    def updated?
+      return unless budget_investment
+
+      update_attributes &&
+      create_valuation_comments
+    end
+
+    def update_attributes
+      budget_investment.update(budget_investment_attributes)
+    end
+
     def budget_investment_attributes
       { unfeasibility_explanation: field_with_unfeasibility_explanation }
     end
@@ -38,4 +49,19 @@ def field_with_unfeasibility_explanation
       end
     end
 
+    def create_valuation_comments
+      if spending_proposal.internal_comments.present?
+        budget_investment.comments.create!(valuation_comment_attributes)
+      end
+    end
+
+    def valuation_comment_attributes
+      {
+        body: spending_proposal.internal_comments,
+        user: spending_proposal.administrator.user,
+        commentable: budget_investment,
+        valuation: true
+      }
+    end
+
 end
diff --git a/spec/lib/migrations/spending_proposals/budget_investment_spec.rb b/spec/lib/migrations/spending_proposals/budget_investment_spec.rb
index 9718b2f3b8e..48941a681c0 100644
--- a/spec/lib/migrations/spending_proposals/budget_investment_spec.rb
+++ b/spec/lib/migrations/spending_proposals/budget_investment_spec.rb
@@ -92,4 +92,30 @@
 
   end
 
+  context "internal comments" do
+
+    it "migrates internal_comments string to a comment object" do
+      internal_comment = "This project will last 2 years"
+
+      spending_proposal.update(internal_comments: internal_comment)
+      spending_proposal.update(administrator: create(:administrator))
+
+      migration = Migrations::SpendingProposal::BudgetInvestment.new(spending_proposal)
+      migration.update
+
+      comment = Comment.first
+      expect(Comment.count).to eq(1)
+      expect(comment.body).to eq(internal_comment)
+      expect(comment.author).to eq(spending_proposal.administrator.user)
+      expect(comment.commentable).to eq(budget_investment)
+      expect(comment.valuation).to eq(true)
+    end
+
+    it "does not create a comment if internal_comments is blank" do
+      migration = Migrations::SpendingProposal::BudgetInvestment.new(spending_proposal)
+      migration.update
+
+      expect(Comment.count).to eq(0)
+    end
+  end
 end