South Korea’s LG Innotek secures $200M funding from IFC to...

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2025-09-27 06:51:11 -

South Korea’s LG Innotek secures $200M funding from IFC to expand its production facility in Vietnam

South Korea-based LG Innotek, an affiliate of LG Group, has secured $200 million funding from the International Finance Corporation (IFC) to expand its production facility in Vietnam. LG Innotek said in a statement on Tuesday that it applied for the IFC’s Sustainability-Linked Loan (SLL) last year to invest in the expansion of its production facility in Hai Phong, Vietnam, becoming the...

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