Phase I of factory to produce 6 million units of passenger car tires per annum
Svay Rieng province, Cambodia – Chinese tire manufacturer Wanli Tire has officially started production at its Cambodian tire manufacturing plant in Svay Rieng province, a year after breaking ground on the project.
In a ceremony held 12 Jan, the company celebrated the start of production at the facility, which will have the capacity to produce 6 million units of passenger car tires per year in the first phase.
With an investment of $239 million (€234 million), phase I will look to export products to international markets, said Wanli in a social media post.
The Cambodian facility is being constructed in two phases, with an overall investment of $500 million.
Once fully completed, the factory will have the capacity to produce 10 million units of PCR and 1.2 million units of full-steed radial truck & bus tires per year.
The facility marks 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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