Guizhou/Advance Tyre release further Vietnam factory plans
At the end of April Tyres & Accessories reported that Guizhou Tyre Co. Ltd. announced plans to build a truck tyre factory in Vietnam. Back then, reports suggest the company would invest RMB 1.67 billion (£189.3 million) in the project for a plant capable of manufacturing 1.2 million all-steel radials per annum. The intention was to set up the factory in the Long Jiang Industrial Park, some 30 miles from Ho Chi Minh City where a 20-hectare site had been selected. During the recent Tire+ exhibition in Shanghai, Tyres & Accessories sat down with Guizhou’s general manager of the export division, Jie You, and found out more about the company and its plans.