China’s Wanli breaks ground on 11m unit Cambodia tire project
14 Jan 2025
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First phase of project to produce 6m units of passenger car tires with investment of $240m
Svay Rieng province, Cambodia – Chinese tire manufacturer Wanli Tire has broken ground on a major production factory in Cambodia as part of a strategy to enhance its overseas layout.
The project, to be built at the New Bavet Special Economic Zone in Svay Rieng province, will have a total capacity to produce 10 million units of semi-steel passenger radial tires and 1.2 million full-steel truck and bus radial tires.
In the first phase, Wanli will invest $239 (€234 million) in a total land area of 23 hectares to produce 6 million PCR units, the tire maker announced 12 Jan.
The facility will be Wanli’s first overseas project and is described as a “key step” for Wanli’s parent group Guangzhou Industrial Control Group which has recently intensified its globalisation strategy.
Representing the “core enterprise” of Guangzhou Industrial’s automotive parts sector, Wanli has signalled growth ambitions over the past few years.
At the end of 2024, the Wanli Tire Conghua Phase III project was officially put into production, raising the site’s capacity to 30 million tires per year. (ERJ report)
The tire maker has also accelerated its pace of international market expansion, reporting the signing of $20 million new orders during the November 2024 Las Vegas Modified Car Parts Exhibition.
The company also said that it signed letters of intent to cooperate with “five leading American dealers” with an overall intended annual demand of 4 million tires.
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