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Korea Development Bank (2022)
| Adoption Date: | 02 Jan 2017 |
| Country of Headquarters: | South Korea |
| Region of Headquarters: | Asia-Oceania |
| Current EPFI Reporting Year/Period: | 2022 |
| Institutional Reporting: | Link to Report |
Please read the important notes and disclaimer for further information on ‘EPFI Reporting’, compliance and publication on the Equator Principles Association website.
Further information on this EPFI may be obtained through the Institutional Reporting hyperlink.
Project Finance Advisory Services
Total number mandated in the reporting period: 7
| Sector | |
|---|---|
| Mining | |
| Infrastructure | 3 |
| Oil & Gas | |
| Power | 2 |
| Others | 2 |
| Sub-Total | 7 |
| Region | |
|---|---|
| Americas | |
| Europe, Middle East & Africa | 1 |
| Asia Pacific | 6 |
| Sub-Total | 7 |
Project Finance Transactions
Total number that reached Financial Close in the reporting period: 30
| Equator Principles Category | A1 | B2 | C3 |
|---|---|---|---|
| Sector | |||
| Mining | |||
| Infrastructure | 1 | 6 | |
| Oil & Gas | |||
| Power | 3 | 2 | |
| Others | 1 | 14 | 3 |
| Region | |||
| Americas | 4 | 3 | |
| Europe, Middle East & Africa | 2 | ||
| Asia Pacific | 1 | 17 | 3 |
| Country Designation | |||
| Designated Country 4 | 4 | 21 | 1 |
| Non Designated Country | 1 | 1 | 2 |
| Both | |||
| Independent Review | |||
| Yes | 5 | 5 | |
| No | 17 | 3 | |
| Totals | 5 | 22 | 3 |
1
Category A – Projects with potential significant adverse environmental and social risks and/or impacts that are diverse, irreversible or unprecedented.
2
Category B – Projects with potential limited adverse environmental and social risks and/or impacts that are few in number, generally site-specific, largely reversible and readily addressed through mitigation measures.
3
Category C – Projects with minimal or no adverse environmental and social risks and/or impacts.
4
Designated Countries are those countries deemed to have robust environmental and social governance, legislation systems and institutional capacity designed to protect their people and the natural environment. See list of Designated Countries.
Project-related Refinance & Project-related Acquisition For Project Finance
This information is required under EP4. EP4 applies for those transactions mandated after 1 October 2020 and that have reached Financial Close by the end of the period being reported.
Project Name Reporting For Project Finance (And Project-related Refinance & Project-related Acquisition Finance For Project Finance)
| No. | Project Name | Sector | Country(s) | Year of Financial Close |
|---|---|---|---|---|
| 1 | Nepal UT-1 Hydro Power Project | Power | Nepal | 2022 |
| 2 | Pyeong-taek · Dang-jin Port Stage 2-1(District 1) Class 1 Port Back-yard Project | Infrastructure | South Korea | 2022 |
| 3 | Incheon New Port(Stage 1, Distirc 2) Port Back-yard Project | Infrastructure | South Korea | 2022 |
| 4 | Bugok Ga Section Housing Redevelopment Maintenance Business Corp. | Others | South Korea | 2022 |
| 5 | Yeongyang Wind Power Corporation 2 | Power | South Korea | 2022 |
| 6 | Guam Ukudu 198MW Dual Fuel Thermal Power Project | Power | United States | 2022 |
| 7 | North Chungcheong Province Jincheon Technopolis Industrial Complex Project | Others | South Korea | 2022 |
| 8 | Gimpo Pungmu Station District Urban Development Project | Others | South Korea | 2022 |
| 9 | Residential Redevelopment Project of Gamman District 1 | Others | South Korea | 2022 |
| 10 | Jeonju Gijachon Housing Redevelopment Project | Others | South Korea | 2022 |
| 11 | Lotte Mall Hanoi Project | Others | Vietnam | 2022 |
| 12 | John F. Kennedy International Airport NewTerminal One Redevelopment(Project Mars) | Infrastructure | United States | 2022 |
| 13 | Venture Global Plaquemines LNG Project | Infrastructure | United States | 2022 |
| 14 | Hanoi Starlake B3CC1 Development Project | Others | Vietnam | 2022 |
| 15 | Ontario Line – Southern Civil, Stations and Tunnel PPP | Infrastructure | Canada | 2022 |
| 16 | Ontario Line Subway Rolling Stock, Systems, Operations and Maintenance project (RSSOM) | Infrastructure | Canada | 2022 |
| 17 | House Redevelopment Project of 'Haeundae Banyeo 4 Kuyok' Residential Area | Others | South Korea | 2022 |
| 18 | Gwangmyeong 12R Area Housing Redevelopment | Others | South Korea | 2022 |
| 19 | Shuaibah 3 IWP Project | Infrastructure | Saudi Arabia | 2022 |
| 20 | Hakik 3-area Redevelopment Maintenance Project | Others | South Korea | 2022 |
| 21 | House Redevelopment Project of 'Huksuk 9 kuyok' Residential Area | Others | South Korea | 2022 |
| 22 | US Gulf Coast II Project | Others | United States | 2022 |
| 23 | Gwangju Metropolitan City Numun District Redevelopment Project | Others | South Korea | 2022 |
| 24 | ANYANG STATION AREA REDEVELOPMENT PROJECT | Others | South Korea | 2022 |
| 25 | YEONGDEOK SUNRISE WIND POWER PROJECT | Power | South Korea | 2022 |
| 26 | Champlain Hudson Power Express Project | Power | United States | 2022 |
| 27 | Higher Education PPP Progrmme - Bundle One | Others | Ireland | 2022 |
| 28 | Gwacheon Jugong Apartment Complex 4 Redevelopment Project | Others | South Korea | 2022 |
| 29 | Heukseok 11 Refurbishing Promotion Area Housing Redevelopment Association | Others | South Korea | 2022 |
| 30 | IGE Hydrogen Liquefaction Project | Others | South Korea | 2022 |
Project-Related Corporate Loans
Total number that reached Financial Close in the reporting period: 12
| Equator Principles Category | A1 | B2 | C3 |
|---|---|---|---|
| Sector | |||
| Mining | |||
| Infrastructure | |||
| Oil & Gas | |||
| Power | |||
| Others | 4 | 8 | |
| Region | |||
| Americas | |||
| Europe, Middle East & Africa | 1 | ||
| Asia Pacific | 3 | 8 | |
| Country Designation | |||
| Designated Country 4 | 2 | 8 | |
| Non Designated Country | 2 | ||
| Both | |||
| Independent Review | |||
| Yes | 1 | ||
| No | 3 | 8 | |
| Totals | 4 | 8 | |
1
Category A – Projects with potential significant adverse environmental and social risks and/or impacts that are diverse, irreversible or unprecedented.
2
Category B – Projects with potential limited adverse environmental and social risks and/or impacts that are few in number, generally site-specific, largely reversible and readily addressed through mitigation measures.
3
Category C – Projects with minimal or no adverse environmental and social risks and/or impacts.
4
Designated Countries are those countries deemed to have robust environmental and social governance, legislation systems and institutional capacity designed to protect their people and the natural environment. See list of Designated Countries.
Project-related Refinance & Project-related Acquisition For Project-related Corporate Loans
This information is required under EP4. EP4 applies for those transactions mandated after 1 October 2020 and that have reached Financial Close by the end of the period being reported.
Project Name Reporting For Project-related Corporate Loans (And Project-related Refinance & Project-related Acquisition For Project-related Corporate Loans)
Number of projects that were not disclosed as per the disclosure conditions specified in Annex B of the Principles: 12
Under EP4, project name reporting is encouraged for Project-Related Corporate Loans that have reached Financial Close and required for Project Finance transactions that have reached Financial Close.
EP4 applies for those transactions mandated after 1 October 2020 and that have reached Financial Close by the end of the period being reported.
Implementation of the Equator Principles
Korea Development Bank´s EP implementation reporting is provided at: https://www.kdb.co.kr/index.jsp