Aktobe rail and beam plant LLP

Construction of a rail and beam plant with a design capacity of 30 thousand tons per year in Aktobe

Mechanical engineering

Funding status: Assimilated

Information about Aktobe rail and beam plant LLP

Project name Construction of a rail and beam plant with a design capacity of 30 thousand tons per year in Aktobe
Project description The construction of a rail and beam plant for the production of 120-meter heat-strengthened rails, large shaped rolled products and electric power (32 MW) in the Aktobe region.
Borrower Development Bank of Kazakhstan JSC Aktobe rail and beam plant LLP
Final beneficiaries
 Yiannakis Есonomides
Product
Rails for high-speed railway lines, shaped rolling, electric power
Structure of project financing Project cost 406,7 mln $*
Participation of Development Bank of Kazakhstan JSC, in the context of financing currencies
  • 47 712 000,01 €
  • 66 797 802 547 ₸
Borrower's own participation 126,5 mln $
Participation in financing of the project of other creditors Loan of Subsidiary Bank of Sberbank JSC – 29,3 mln $
Terms of granting the financing instrument of Development Bank of Kazakhstan JSC Funding currency Tenge, USD, euro
Type of financing instrument Credit line
Rate of remuneration
  • Limit № 1 (tenge) – 9,64% annual
  • Limit № 2 (USD dollar) – 8,5% annual**
  • Limit № 3 (Tenge):
  • Sublimit № 1 – 8% annual
  • Sublimit № 2 – 7% annual
  • Sublimit № 3 – 7% annual
Loan term Up to 20 years
Funding source Tenge – funds of the National Fund of RoK, attracted in accordance with the Financing Program of Development Bank of Kazakhstan JSC under the State Program for Industrial and Innovative Development of the Republic of Kazakhstan for 2015-2019.
US dollars – the Bank's own funds
Additional Information Address Aktobe Region, Aktobe, Almaty disctrict, Kurali Residential area, house 397 «B»
Tel 8 (7132) 74-48-03
Fax 8 (7132) 74-48-31
Website arbz.kz, office@arbz.kz

* Total cost of the Project is informative and is used to calculate the parties' participation share in the Project

The following exchange rate is applied:

1,12 EUR/USD cross-rate

337  USD rate

378  EUR rate

** Dollar loan is fully converted into national currency, except for the accrued remuneration