Triangle Tyre Europe welcomes the announcement by its parent company, Triangle Tyre Co., Ltd., of a major strategic investment aimed at further strengthening the Group’s global manufacturing and supply chain capabilities.
Triangle Tyre Co., Ltd. has approved an investment of RMB 3.219 billion (approximately 460 million USD) for the construction of a new production base in Cambodia, with an annual capacity of 6 million passenger car radial (PCR) tyres and 1 million truck and bus radial (TBR) tyres, reinforcing Triangle’s balanced and diversified product portfolio.
The new facility will be located in Svay Rieng Province, Cambodia, with construction expected to begin in March 2026 and a planned construction period of approximately 17 months.
The project is fully aligned with Triangle Tyre’s long-term global development strategy, aimed at enhancing manufacturing flexibility, optimising supply chains and supporting sustainable growth in key international markets.
A Strategic Step for Global Markets
The Cambodian production base is designed to serve Europe, North America, the Middle East & Africa and Southeast Asia, regions where Triangle Tyre has established a strong commercial presence and long-standing customer relationships. The project is expected to deliver operational efficiencies, improved logistics, and increased resilience through a more diversified manufacturing footprint.
Cambodia’s participation in ASEAN, RCEP, Belt and Road and Lancang-Mekong Cooperation framework initiatives, combined with competitive industrial conditions and proximity to key raw material sources, makes it a strategic location to support Triangle Tyre’s global ambitions.
Commenting on the announcement, Corrado Moglia, General Manager of Triangle Tyre Europe, said: “This investment represents a decisive step in Triangle Tyre’s global industrial strategy and sends a very clear message to the European market. Strengthening our manufacturing footprint outside China allows us to further enhance supply chain stability, operational flexibility and long-term competitiveness. For our European partners and customers, this project reinforces Triangle Tyre’s commitment to being a reliable, forward-looking manufacturer with a truly global vision, capable of supporting sustainable growth and consistently high product standards.”
Looking Ahead
Triangle Tyre Europe views this investment as a key enabler for continued growth and partnership development across Europe, supporting customers with a robust, diversified and future-ready manufacturing platform.
