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PT Karunia Alam Segar
Summary of Proposed Investment

This Summary of Proposed Investment is prepared and distributed to the public in advance of the IFC Board of Directors’ consideration of the proposed transaction. Its purpose is to enhance the transparency of IFC’s activities, and this document should not be construed as presuming the outcome of the Board decision. Board dates are estimates only.

Project number 24904
Company namePT Karunia (KAS)
Country
Indonesia
Sector1Other Food
Environmental categoryB
Department
StatusCompleted
Date SPI disclosedMay 2, 2006
Projected board dateJune 5, 2006
Previous EventsInvested: August 14, 2006
Signed: June 22, 2006
Approved: June 8, 2006
View Environmental & Social Review Summary (ESRS), click here
click here
  Overview     Sponsor/Cost/Location     Development Impact     Contacts     Attachments  

Project description
PT Karunia Alam Segar (PT KAS) is one of the operating companies in the Wings Group. The company is an existing IFC client. PT KAS produces instant noodles in Surabaya and seeks follow-on capital to expand its instant noodle lines. The project will set up 9 instant noodle lines in PT KAS.

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