Sailun further increasing all-steel tyre capacity in Cambodia
At a board meeting held yesterday, the directors of Sailun Group unanimously approved a further US$93.48 million investment in the company’s Cart Tire Co., Ltd. subsidiary in Cambodia. With this investment, which includes a construction investment of $61.18 million and working capital of $32.30 million, the facility in Svay Rieng will gain additional capacity to produce 1.65 million all-steel radial tyres annually.
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