Sailun Group is considering setting up a plant to produce tyres for passenger vehicles in Cambodia.
According to a feasibility study published today, the Chinese tyre maker is interested in building a facility within the QiLu (Cambodia) Special Economic Zone in Svay Rieng Province that is capable of making five million semi-steel radials a year. Sailun estimates the project will require an investment of 1.18 billion yuan (£130.5 million).
After completion, Sailun Group will increase 5 million half-steel radial tyre production in Cambodia.