Chinese investors considering Angola tyre factory
Aço Bom, which is headquartered in Fujian, China, plans to build a 120-hectare tyre manufacturing centre in Bengo Province, Angola, according to reports from several Chinese media sources.
Aço Bom’s overall investment plan centres on a figure of US$100 million, with constructing taking place in two phases. Specifically, the first phase will see the business invest US$30 million, with the main category being motorcycle tyres. After construction, the planned factory will be able to produce 30,000 two-wheel tyres and 60,000 inner tubes per day. The new factory is expected to be online by the first half of 2026, and “the products will be supplied to the domestic and neighbouring countries in Angola first”.