Roadbot starts construction of $614M tyre plant in Abu Dhabi

Chinese tyre manufacturer Roadbot started construction of a tyre-manufacturing plant in Kizad, Abu Dhabi, with a total investment of Dh2.2 billion ($614.37 million). The factory will have an initial annual capacity of 3 million PCR tyres and 1 million TBR tyres, increasing to 10 million PCR tyres by 2022, and is expected to be fully operational by October 2020, creating 1,200 jobs.

“The Roadbot tire factory will make an important contribution to the UAE’s manufacturing base as part of our leadership’s long-standing strategy to diversify our economy.”gulfnews.com

• 1 source
• gulfnews.comConstruction starts on Dh2.2b tyre plant in Abu DhabiJan 22, 2019

Summarized from public sources; check the original articles before acting on it.