You are currently here: News » Industry » VIETNAM: Bridgestone Vietnam pumps more capital into ...
Section: General
  • Written on 29.11.2013 - Industry
  • You have these options:
    • Print this article
    • Article as PDF

VIETNAM: Bridgestone Vietnam pumps more capital into tyre production

Bridgestone Tyre Manufacturing Vietnam Limited Liability Company (BTMV) has increased its investment capital by USD 416.4 million in its under-construction passenger car radial tyres plant in Hai Phong's Dinh Vu Industrial Park.

According to the Hai Phong IP Management Board, the plant was licensed early last year with a production capacity of 24,700 tyres per day in the first phase. It is expected to expand production capacity to reach 49,000 tyres per day by the end of 2017.

The plant will serve as an export base for general-purpose tyres sold in Europe, North America and Japan.

Source: bizhub.vn, Hanoi; 18 Nov 2013

(Syed Rashid Ali, Karachi, Pakistan)


RSS Feed

Are you new here? Do you want to be always up to date?
Then subscribe to our RSS Feeds and never miss a news again.