PHNOM PENH, Jan. 12 (Xinhua) -- A Chinese-invested car tire plant was launched in southeast Cambodia's Svay Rieng province on Monday, said a news release from the Council for the Development of Cambodia (CDC).
Situated in the Sin Bavet Special Economic Zone in Bavet town on the border with Vietnam, the plant was invested in by Wanli Tire Co. Ltd., a subsidy of China's Guangzhou Industrial Investment Holdings Group (GIIHG).
Speaking at the inauguration ceremony, Cambodian Deputy Prime Minister and CDC's first Vice Chairman Sun Chanthol thanked Wanli Tire for choosing Cambodia as its first-ever production base outside of China.
He said the factory commenced its Phase 1 production line after a year of construction.
"This serves as a testament reflecting the momentum of development and deep confidence in Cambodia's investment climate," Chanthol said.
He said the factory will provide numerous benefits to Cambodia, including employment opportunities and the transfer of modern knowledge and technology to Cambodian workers.
"The factory will become a vital market for absorbing domestic natural rubber raw materials, helping to improve the livelihoods of Cambodian rubber farmers," he said.
Cambodia exported car tires worth 1.22 billion U.S. dollars during the first 11 months of 2025, an increase of 58 percent year-on-year, according to a Ministry of Commerce report.
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