Haohua – Lanka Talents https://lankatalents.com We give wings to your dreams Thu, 26 Nov 2020 08:42:25 +0000 en-US hourly 1 https://wordpress.org/?v=6.5.5 https://lankatalents.com/wp-content/uploads/2020/02/cropped-Kanishka_Lanka-Talents_Design-logo-for-Lanka-Talents-logo-Lanka-Talents_V_Final-55x55.png Haohua – Lanka Talents https://lankatalents.com 32 32 Shandong Haohua Tire to set up tyre plant in Hambantota https://lankatalents.com/shandong-haohua-tire-to-set-up-tyre-plant-in-hambantota/ https://lankatalents.com/shandong-haohua-tire-to-set-up-tyre-plant-in-hambantota/#respond Sat, 21 Nov 2020 04:43:50 +0000 https://www.lankatalents.lk/?p=6920 China will build a tyre plant in Sri Lanka’s Hambantota port that will export nine million tyres in its first phase. The Board of Investment of Sri Lanka signed an agreement with world-leading Chinese tyre manufacturer, Shandong Haohua Tire Co. Ltd., to set up a project to manufacture tyres for the export market. Prime Minister […]

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China will build a tyre plant in Sri Lanka’s Hambantota port that will export nine million tyres in its first phase.

The Board of Investment of Sri Lanka signed an agreement with world-leading Chinese tyre manufacturer, Shandong Haohua Tire Co. Ltd., to set up a project to manufacture tyres for the export market.

Prime Minister Mahinda Rajapaksa & Chinese Ambassador to Sri Lanka, Qi Zhenhong and Shandong HaohuaWang Keqiang joined the signing ceremony online.

This high profile project has been qualified under the provisions of the ‘Strategic Development Act’ with an envisaged Foreign Direct Investment of $ 300 million.

Exports are expected to commence within three years.

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