PROJECT

Projects

Summary of Proposed Investment

Project Number

21967

Company Name

SOUTH PACIFIC VISCOSE, PT

Date SPI Disclosed

Mar 10, 2004

Country

Indonesia

Industry

Manufacturing

Projected Board Date

Apr 16, 2004

Status

Completed

Sector

Man-Made Fibers (Including Nylon, Polyester, Rayon, etc.)

Department

Gbl Ind, Manufact, Agribus & Services

Environmental Category

B - Limited

Previous Events

Approved : Jun 2, 2004
Signed : Jun 21, 2004
Invested : May 13, 2005

Project Description

P.T. South Pacific Viscose (SPV or the company) is an internationally competitive export oriented Indonesian producer of high quality viscose staple fiber (VSF or Rayon). SPV is an existing client of IFC.

The p-roject is to develop and implement necessary capital expenditures for SPV in 2004-2005 to achieve its objectives of increased production sustainability and self-sufficiency in power, as well as provision of working capital.

Sponsor / Cost / Location

Development Impact