San Miguel Haiphong Glass Company REVISED Summary of Project Information (SPI)      Project Name       		Vietnam - San Miguel Haiphong Glass                           Region              	 		Asia    Sector	               		Manufacturing    Project No	 		007111    Projected Board Date 		January 30, 1996    Company Name         		San Miguel Haiphong Glass Company Limited    Technical Partner and/or Major Shareholders                         San Miguel Glass (Viet Nam) Ltd., a subsidiary of the San Miguel Corporation, which is a company registered and publicly-traded in the Philippines, is the 65% owner of the project company, a joint venture, and will provide the management.  Haiphong Glass Company, a Vietnamese state-owned enterprise, owns the remaining 35%.    Project Cost Including proposed IFC investment                         US$32 million, of which US$14.5 million is expected to be provided by IFC as a senior loan.     Location of project and Description of site                         Haiphong, Viet Nam.  The factory will be located on a 3.5 ha site near the port of Haiphong.  Sand and other raw materials can be brought to the factory by shallow-draft barges unloaded about 100    meters from the actual factory site.  IFC carried out an advisory assignment and provided the Project''s Sponsors with a second opinion on the Project''s approach, proposed technology and viability.  IFC also    advised on the Project''s financial structure and funding sources.      Description of Company and Purpose of Project                         A new glass bottle manufacturing plant to be located in Haiphong, the principal port serving Hanoi and the northern part of Vietnam.  The Project will consist of a modern glass bottlemaking facility having an annual capacity of about 36000 tons. The Project''s customers will be bottlers supplying the fast-growing consumer market for beverages, bottled foods and pharmaceuticals in Viet Nam.    Environmental Category and Issues                         This is an environmental review category B project; principal issues are air emissions, liquid effluents, fire preventions, and employee exposure to noise and dust.  The sponsor is designing the plant to comply with the relevant World Bank policies and guidelines.  Air emissions and air quality guidlines will be met by using appropriate stack height and control devices, while the discharge of oil and grease will be controlled by the use of oil separators and absorbing fabric.  Fire protection measures will be instituted in conjunction with plant start-up.  Employees will be provided with personal protective equipment    to protect them from exposure to noise and dust.    The Environmental Review Summary is available from the Public Information Center.    Host country location of environmental documentsSan Miguel Haiphong    Glass, Haiphong, Viet Nam    Date SPI sent to PIC 	December 13, 1995   Revised			February 29, 1996    For Additional Information contact:  Corporate Relations Unit -   telephone: (202) 473-7711   facsimile: (202) 676-0365  Environmental documents for this project are available at http://www.ifc.org and from the World Bank InfoShop (http://www.worldbank.org/html/pic/aboutinfo.html).