Sailun Group Injects US$268m More on All-Steel Radial Truck Tyre Production Plant in Svay Rieng

• Kongleaphy Keam
• 1 March 2022
• Uncategorized
• 6504 Views

Chinese tyre manufacturer, Sailun Group, plans to set up an all-steel radial truck tyre production plant in addition to its existing tyre manufacturing facility in Cambodia, investing an additional US$268 million.

The company is targeting production of 1.6 million tyres per year, for exports to the U.S. and Europe, according to a media report on the IR Journal’s report on 28 February.

The new plant is being constructed at Sailun’s existing facility in the Qilu Special Economic Zone in Svay Rieng city. The new project is expected to be completed in 17 months.

Sailun’s latest feasibility study revealed that the location in the kingdom would provide access to a large labour force, low-cost natural rubber (NR) and preferential import and export tariffs.

The facility is to be operated by China CART TIRE Co., Ltd., a wholly-owned subsidiary of Sailun Group.

The Sailun Group set up the kingdom’s first automobile tyre production plant, which took two years to build, and commenced production in late 2021. (Read more)

• Projects Development
• Investment and Funding