IFC Invests $125M in Southeast Asia's First Semiconductor-Grade Polysilicon Plant in Malaysia

The International Finance Corporation (IFC) is providing up to $125 million in financing to build Southeast Asia's inaugural semiconductor-grade polysilicon manufacturing facility in Malaysia.

This A Loan supports OCI TerraSus Sdn. Bhd., a subsidiary of South Korea's OCI Holdings, alongside Japan's Tokuyama Corporation in this groundbreaking joint venture.

Malaysia's Strategic Entry into High-Purity Semiconductor Materials

Situated in Bintulu, Sarawak, the plant will harness clean renewable energy for sustainable operations.

It will manufacture ultra-high purity polysilicon, a critical raw material for silicon wafers and advanced semiconductor chips.

Transforming the Regional Semiconductor Supply Chain

This project positions Malaysia as a key player in the upstream semiconductor value chain, amid surging global demand driven by AI and electronics.

The facility promises to generate high-quality jobs and elevate value-added manufacturing across Southeast Asia.

Building on Malaysia's established role in semiconductor assembly and testing, this initiative marks a pivotal shift toward raw material production.

Advancing ESG Standards and Sustainability

IFC's partnership emphasizes bolstering environmental, social, and governance practices for OCI TerraSus.

OCI Holdings Chairman Lee Woo Hyun highlighted the collaboration's role in enhancing management systems and global competitiveness.

World Bank Group Country Manager Judith Green praised Malaysia's job-creating ambitions and OCI TerraSus's ESG commitments.

Future expansions will fortify supply chain resilience as semiconductor needs escalate worldwide.