PROJECT

Projects

Summary of Investment Information

Project Number

49362

Company Name

SK leaveo Co., Ltd.

Date SPI Disclosed

Aug 7, 2025

Country

Viet Nam

Region

East Asia and the Pacific

Environmental Category

B - Limited

Status

Active

Last Updated Date

Aug 30, 2025

Department

Regional Industry - MAS Asia & Pac

Industry

other

Previous Events

Approved : Mar 20, 2025
Signed : Aug 7, 2025
Invested : Aug 28, 2025

Sector

Other Plastic and Rubber Products

Project Description

The proposed IFC investment is up to US$70 million financing package for SK leaveo Co., Ltd. (“SK leaveo” or the “Company”), a biodegradable materials producer in South Korea. SK leaveo is a subsidiary of SKC Co., Ltd. (“SKC”).

The IFC financing package comprises of: (i) equal to US$40 million from IFC’s own account; and (ii) up to US$30 million mobilization from other investors.

Proceeds from the proposed IFC investment will be used to support SK leaveo in constructing biodegradable material production facilities in Hai Phong, Viet Nam (the “Project”).                                                   

Sponsor / Cost / Location

Development Impact

E&S Category Rationale / Risks and Mitigation