Current Status of the Cambodia Tire Industry
Currently, several automotive tire production facilities are operational in Cambodia, with numerous investment projects awaiting approval.
According to the Cambodian Ministry of Commerce, tire exports reached $772 million in the first 11 months of 2024, marking a 135% increase compared to the same period in 2023. This data was published in the ministry’s annual report. Such significant growth reflects the expansion of tire factories in Cambodia and the international recognition of the quality of “Made in Cambodia” tires.
The tire manufacturing industry is rapidly becoming a key driver of economic growth in Cambodia, playing a crucial role in the development of the rubber sector. Next, we will introduce the top 5 tire manufacturers currently operating in Cambodia.
Top 5 Tire Manufacturers in Cambodia
NO.1 CART TIRE — SAILUN CAMBODIA TIRE COMPANY
- Located in the Qilu SEZ in the SvayRieng Province.
- Established a wholly-owned subsidiary in Cambodia in 2021.
- The tire factory covers an area of 50 hectares.
- The first Chinese tire company to establish a manufacturing base in Cambodia. In 2021, the company invested in a project with an annual production capacity of 9 million semi-steel radial tires, and in 2022, it invested in a project with an annual capacity of 1.65 million full-steel radial tires, showcasing extensive project development experience. The total investment amounts to approximately 1.474 billion yuan.
NO.2 GENERAL CAMBODIA TIRE
- Located in the Sihanouk Economic Zone in Preah Sihanouk Province.
- Opened in 2022.
- The tire factory covers an area of 20 hectares.
- The total investment for the second phase of the project in Cambodia is approximately 1.495 billion USD, with production capacities including 3.5 million semi-steel tires and 750,000 full-steel tires annually.
NO.3 DOUBLESTAR CAMBODIA TIRE ( NEWBUSTAR TIRE)
- Located in the Kratie Special Economic Zone in Kratie Province.
- Officially opened on September 6, 2024.
- The first phase of investment is approximately 200 million USD, with a planned production capacity of 8.5 million high-performance radial tires. In the first year, the factory aims to export around 10 million sets of passenger car tires to the European and American markets.
NO.4 ZODO CAMBODIA TIRE
- Located in the Sin Bavet Economic Zone in Banteay Meanchey Province, Cambodia.
- Established in March 2024.
- Total investment amounts to 371 million USD.
- Planned production capacity includes 6 million semi-steel radial tires and 1.2 million full-steel radial tires, with an investment of 371 million USD.
NO.5 FRICO CAMBODIA TIRE
- Kratie Special Economic Zone is located in Kratie Province.
- The Frico Cambodia tire factory commenced production on November 9, 2023.
- The tire factory covers an area of 400,000 m².
- The investment exceeds 231 million USD.
Frico Tire is one of the popular tyre brands in Cambodia. The Frico Cambodia tire factory specializes in the production of TBR tires and PCR tires. As one of Cambodia top tire companies, the factory has an annual production capacity of 12 million tires.
Frico tire factory focuses on enhancements in seven key areas: digitalization of the base, automation of the production process, and product customization, etc. Our goal is to establish a benchmark for intelligent tire manufacturing overseas, further enhancing the competitiveness and influence of the Frico tire brand in Southeast Asia and globally.
Upcoming Tire Factories in Cambodia
WANLI Cambodia Tire Factory
Wanli Tire has a total investment of over 500 million USD. On January 12, 2025, the groundbreaking ceremony for the Wanli Tire production base took place in the New Bay Economic Zone in Chhay Chhuong Province, Cambodia. Once completed, the facility will have an annual production capacity of 10 million semi-steel radial tires and 1.2 million full-steel radial tires. This project marks Wanli Tire’s first venture overseas.
FIREMAX Cambodia Tire Factory
Firemax Tire’s project in Cambodia has an investment of up to 190 million USD, with an expected annual production capacity of 9.2 million tires, covering both passenger and commercial vehicles. This project not only demonstrates Firemax’s strong confidence in overseas markets but also injects significant momentum into its future growth.
HUASHENG Rubber Cambodia Tire Factory
Shandong Huasheng Rubber Group plans to build a tire factory in Cambodia, although specific investment amounts and other details have not yet been disclosed. The group stated that this investment will help accelerate its international expansion and boost tire export sales.
Advantages of Cambodia in the Tire Industry
Geographical Advantage: Cambodia is located in the heart of Southeast Asia, providing convenient transportation that benefits tire exports.
Trade Advantage: In recent years, the U.S. has increased anti-dumping investigations on tires produced in Vietnam and Thailand, prompting tire companies to seek new production bases to avoid trade sanctions.
Abundant Rubber Resources: Cambodia has 404,000 hectares of rubber plantations, with 80% ready for harvest, ensuring a sufficient supply of raw materials for tire production.
Cost and Policy Advantages: Cambodia offers favorable tax policies and investment incentives. Additionally, the availability of locally sourced rubber reduces transportation costs and simplifies the supply chain.
Conclusion
The rise of Cambodia tire industry is a result of both changes in the global trade environment and the growing demand in regional markets. As more investments and factories are established, Cambodia’s position in the global tire industry is expected to become increasingly significant.
According to estimates by the Cambodian government, once the Chinese tyre factory in Cambodia are fully operational, they will require between 200,000 to 300,000 tons of latex annually as a raw material for tire manufacturing. This demand will further drive the growth of Cambodia’s rubber processing industry. In the future, enhancing local rubber processing capabilities and improving the industrial chain will be crucial for Cambodia to attract more Chinese investment.
