China's Qingdao Doublestar Group held a cornerstone-laying ceremony recently for a tire plant it's building in Snuol District, in Cambodia's eastern Kratie Province.
Ground broke on Newbustar (Cambodia) Tire Co Ltd’s tyre factory on May 9, in the southeastern corner of Kratie province, which according to the provincial governor, is backed by an investment of $138 million and has an annual production capacity of 8.5 million units.
PHNOM PENH, May 10 (Xinhua) Newbustar (Cambodia) Tire Co., Ltd., a subsidiary of China Qingdao Doublestar Group, has begun to build a 138-million-U.S.-dollar