📋 Tender Overview
Project Number
49799
Company Name
Wonye No. 2 Limited
Date SPI Disclosed
May 26, 2025
Country
Papua New Guinea
Region
East Asia and the Pacific
Projected Board Date
Jun 27, 2025
Environmental Category
B - Limited
Status
Pending Approval
Last Updated Date
Department
Regional Industry - MAS Asia & Pac
Industry
other
Sector
other
Additional Project Attributes
Blended Finance
Project Description
The proposed investment is an up to Papua New Guinea Kina (PKG) 70 million A Loan to Wonye No 2. Limited (the Company ), a joint-venture company established for the development of a greenfield commercial property in Mount Hagen, Papua New Guinea. The IFC financing will be used to complete construction of a single storey mixed use retail development with total lettable area of 11,646 square meters (the Project ). The project is expected to be supported by the IDA PSW Local Currency Facility (IDA PSW LCF) as described in the Blended Finance Section
