PROJECT

Projects

Summary of Investment Information

Project Number

48933

Company Name

LG Innotek Vietnam Haiphong Co., Ltd

Date SPI Disclosed

Oct 24, 2024

Country

Viet Nam

Region

East Asia and the Pacific

Projected Board Date

Dec 16, 2024

Environmental Category

B - Limited

Status

Active

Last Updated Date

Oct 19, 2025

Department

Regional Industry - MAS Asia & Pac

Industry

other

Previous Events

Approved : Dec 3, 2024
Signed : Aug 27, 2025
Invested : Oct 14, 2025

Sector

other

Project Description

 The proposed IFC investment is a Sustainability-Linked Loan (“SLL”) of up to US$200 million to LG Innotek Vietnam Haiphong Co., Ltd. (“LGI VN” or the “Company”), a wholly owned subsidiary of LG Innotek Co., Ltd. (“LGI” or the “Sponsor”).

Proceeds from the proposed SLL will be used to expand the Company’s production capacity for smartphone camera modules as part of the approximately US$1 billion capex program to build a new factory in Trang Due Industrial Park, Hai Phong, Viet Nam (the “Project”). The proposed SLL will help reduce Greenhouse Gas (“GHG”) emissions.

Sponsor / Cost / Location

Development Impact

E&S Category Rationale / Risks and Mitigation