PROJECT

Projects

Summary of Investment Information

Project Number

32557

Company Name

ESSILOR LAO COMPANY LIMITED

Date SPI Disclosed

May 20, 2013

Country

Lao People's Democratic Republic

Region

East Asia and the Pacific

Projected Board Date

Jun 21, 2013

Environmental Category

B - Limited

Status

Completed

Last Updated Date

Jun 12, 2021

Department

Regional Industry - MAS Asia & Pac

Industry

Health, Education and Life Sciences

Previous Events

Approved : Jun 24, 2013
Signed : Mar 28, 2014
Invested : Sep 23, 2014

Sector

Other Medical

Project Description

Essilor International (Compagnie Générale d’Optique) SA (”Essilor”) is setting up manufacturing facility for optical lens in Savannakhet, Lao P.D.R. This facility will manufacture polycarbonate eyeglass lenses, a type of optical lenses highly resistant to impact and particularly adapted for children.
The proposed IFC investment will support the establishment and operations of this facility.

Sponsor / Cost / Location

Development Impact

E&S Category Rationale / Risks and Mitigation