Japanese company to assist Azerbaijan in establishing steel production complex

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A Japanese company will provide consulting services to Azerbaijan to assist the country in establishing a steel production complex as the sides signed a relevant agreement.

The deal was inked by Azerbaijan`s Ministry of Economy and Industry and Marubeni Corporation.

Under the agreement, the Japanese company will primarily study the raw material base in the country, in particular, in the Ganja and Dashkasan mining fields, and also submit its proposals to Azerbaijan on how to apply advanced technologies in steel production. Marubeni Corporation will analyze the local and regional market.

Last year the President of Azerbaijan signed a decree establishing Azerbaijan Steel Production Complex.

 

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