At a cost of 2 billion yuan, the state announced the construction of a new tire factory.

A few days ago? According to the Commercial Office of the Embassy of China in Sri Lanka, Vimar Villawansa, Minister of Industrial Development of Sri Lanka, recently held a meeting with Hambantota International Port Group to discuss the construction of a new tire factory in Hambantota.

Ren Rui, CEO of Hambantota International Port Group, said that it will invest 300 million US dollars (about 2.05 billion RMB) to build the first tire factory, and 2,000 employees needed by the factory will be recruited locally, and all materials needed for tire production will be purchased in Sri Lanka.

Fengshen tire plans to settle in

At the end of 20 19, according to British media reports, China fengshen tire co., ltd. is working with ONYX group (Onyx? The Sri Lankan subsidiary is negotiating with a view to establishing a joint venture company to produce truck and bus tires in this Asian island country.

According to the proposal, Fengshen will provide technology, R&D and equipment hardware for the truck/truck tire joint venture with Onyx. The company is building a truck tire factory near Colombo, Sri Lanka, which is invested by the subsidiary of Onyx Ceylon Steel Co., Ltd. A source said that Sri Lankan government officials were closely involved in the negotiations around the proposed joint venture.

Establishing a production base in Sri Lanka will make Fengshen a part of China National Chemical Corporation. In order to reduce the impact of EU and US import tariffs on truck and bus tires in China. Onyx purchased tire manufacturing equipment for Colombo factory from an idle Italian factory in marangoni. Although the equipment was eventually exported to Sri Lanka, the operation status of the facility is still unclear.

Haohua Tire is located in Sri Lanka.

On March 23, 2020, Shandong Provincial Development and Reform Commission approved the overseas factory project of Shandong Haohua Tire Co., Ltd. ... Haohua Tire responded to the "Belt and Road Initiative" and actively implemented the globalization strategy, and for the first time "going out" chose Sri Lanka, a South Asian country, which will open a new map for China tire enterprises to set up factories overseas.

The approval document shows that the design capacity of Haohua Tire Sri Lanka Project is 20 million sets of high-performance radial tires per year, and the first phase of the project is put into use.

Sri Lanka is an island country in the Indian Ocean, known as "a pearl in the Indian Ocean", and its natural rubber is of high quality. At present, Sri Lankan rubber industry enterprises include about 7 solid tire production plants.

This article comes from car home, the author of the car manufacturer, and does not represent car home's position.