CAMCE, TIJAN Petroleum to set tyre plant in Morocco
CAMCE signed a commercial contract with TIJAN Petroleum Co.,Ltd last month to set up a tyre manufacturing plant in Morocco.
The project contract amount stands at USD250 Million and locates at Kenitra City of Kingdom of Morocco. Its project content is to construct one plant with annual output of 3 million semi-steel radial tires for both passenger cars and light-duty trucks with a completion period of 30 months.
On behalf of CAMCE, Vice President Hu Wei signed the contract with Vice President Ibrahim Khayat of TIJAN witnessed by Chairman Luo Yan of CAMCE and Executive Vice President Ahmed Khayat of TIJAN.