ChemChina unit to build tyre plant for Bangladesh’s Jamuna Group

Tuesday 19th April 2016 | 0 Comments

Under its ‘Belt and Road Initiative’ the government of China aims to redirect overproduction within certain key industries to other countries, particularly those in Eurasia, and one project being set up in response to this strategy is about to begin in South Asia. The Jamuna Group, a Bangladesh-based private enterprise active in a number of sectors, is establishing a tyre factory within the country with technical assistance from companies belonging to state-owned chemical firm China National Chemical Corporation (ChemChina).

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Category: Company News, International News