Japanese Steel Products Plant Launched In Kazakhstan

Japanese Steel Products Plant Launched In Kazakhstan

Japanese steel products plant, the Tokyo Rope Almaty plant, was launched in Kazakh city of Almaty on Nov. 7, Kazakh presidential press-service reported.

The plant will produce a variety of metal products, among them heavy-duty grids for further production of gabion systems used for prevention and elimination of emergency situations. The projected capacity of the plant will amount to 5,000 tons of metal products per year at the first phase, with its further increase.

It is expected that the company’s output will not only be utilized in Kazakhstan, but also supplied to the CIS states and other countries. Tokyo Rope is one of the world’s leading manufacturers of high-tech steel wire ropes, guy ropes for bridges, steel wire cords for tires, wire for the solar industry and other metal products.

TOKYO ROPE MFG is 100% founder of the enterprise.

The company specializes in manufacture of steel tie-down systems for mining industry, anchor 3D bolts, steel-wire ropes and metalware. The volume of investments is 25trln tenge ($10mln at the first stage, $20mln at the second stage, $40mln at the third stage).

The project is expected to be implemented in 2016-2020. The volume of output is expected to make 5,000 tonnes of hardware items (1st, 2nd stages) and 7,000 tonnes of steel ropes (3rd stage). Up to 100 people will be employed at the enterprise, which plans to export its products to Central Asia, CIS, Saudi Arabia, Pakistan, Iran, Afghanistan, Mongolia, India etc.