China’s tyre manufacturer Sailun plans to build SEZ in Cambodia

• 1 November 2024
• Local News
• 281 Views

Chinese tyre manufacturer Sailun, operating tyre production manufacturing in Svay Rieng province, announced on October 30 that the company would build an industrial park in Cambodia called “Cambodia Kampot Special Economic Zone Project” (Kampot SEZ), Tyrepress reported on October 31.

Sailun said that it is preparing to set up a wholly-owned subsidiary, Kampot Bay Investment Co., Ltd., in Cambodia, which will be responsible for implementing the Kampot SEZ, the source stated.

The source added that the project’s total investment is about USD110 million.

It is important to note that Sailun Group has previously invested approximately $268 million to construct a new truck tyre factory in addition to its existing conventional tyre factory located in Bavet City, Svay Rieng Province. (Read more)

Furthermore, Sailun Group is recognized as the company that established the first tyre factory in Cambodia. The construction of this factory took two years, and it commenced production at the end of 2021. (Read more)

• Projects Development