The International Finance Corporation (IFC) will provide a loan of up to USD 125 million to OCI TerraSus Sdn. Bhd., a subsidiary of OCI Holdings Company Limited, for the development of a semiconductor-grade polysilicon manufacturing facility in Bintulu, Sarawak.
The project, structured through a joint venture with Tokuyama Corporation of Japan, is expected to be the first such facility in Southeast Asia and will be powered by clean and renewable energy. It is aimed at strengthening Malaysia’s position in the global semiconductor supply chain while supporting local job creation.