Guizhou Tire considers new production plant in Morocco

Guizhou plans to extend production in Northern Africa
Chinese tyre manufacturer Guizhou Tyre has revealed future plans to build a production plant in Morocco in the near future.
Which will become the company’s second factory outside China after the current base in Vietnam in a progressive step forward that will further extend the brand’s global capacity and improve digitalisation, green development and upgrading processes.
Guizhou confirms that at the moment, this ambitious project is at the design stage and once a feasibility study has been completed the company will submit a plan to regulators in line with Shenzhen Stock Exchange regulations. Also completing the project depends on Government approval and market conditions.
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