Loan for the Manufacturing and Sale of Various Products including Cold Rolled Steel and Surface-Processed Steel Sheets
Supporting the overseas business deployment of a Japanese corporation in Turkey

  • Area: The Middle East
  • Manufacturing and Services

JBIC concluded loan agreements with both Tosyali Toyo Celik Anonim Sirketi (Tosyali Toyo), a joint venture established by Toyo Kohan Co., Ltd. (Toyo Kohan) and Turkey-based Tosyali Holding A.S., and Yapi ve Kredi Bankasi A.S., a Turkish commercial bank. Financing from both agreements will be used by Tosyali Toyo to manufacture and sell cold rolled steel, surface-treated steel sheets, and similar products in Turkey. Making use of rolling and surface-treatment technology that it has acquired over many years as a group company of Toyo Seikan Group Holdings, Ltd., Toyo Kohan will establish a production base in Turkey, which is expected to see demand for such technologies grow, and plans to aggressively move forward with its steel plate business overseas.
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