Triangle Tyre Europe has welcomed a major strategic investment announcement from its parent company, Triangle Tyre Co., Ltd., which will see the construction of a substantial new manufacturing facility in Cambodia.
The Chinese tyre manufacturer has approved an investment of RMB 3.219 billion (approximately £360 million) for the development of a production base with an annual capacity of 6 million passenger car radial (PCR) tyres and 1 million truck and bus radial (TBR) tyres.
The new facility will be situated in Svay Rieng Province, Cambodia, with ground-breaking scheduled for March 2026. Construction is expected to take approximately 17 months, suggesting the plant could become operational by mid-2027.
The project forms part of Triangle Tyre's long-term global development strategy, aimed at enhancing manufacturing flexibility, optimising supply chains, and supporting sustainable growth in key international markets.
The Cambodian production base has been designed to serve multiple key regions where Triangle has established a commercial presence, including Europe, North America, the Middle East and Africa, and Southeast Asia. The investment is expected to deliver operational efficiencies, improved logistics, and increased supply chain resilience through geographical diversification.
Cambodia's participation in several regional trade frameworks—including ASEAN, RCEP, the Belt and Road Initiative, and the Lancang-Mekong Cooperation framework—combined with competitive industrial conditions and proximity to raw material sources, positions the country as a strategic manufacturing location for Triangle's global ambitions.
Commenting on the announcement, Corrado Moglia, general manager of Triangle Tyre Europe, emphasised the significance of the investment for the company's European operations.
"This investment represents a decisive step in Triangle Tyre's global industrial strategy and sends a very clear message to the European market," said Moglia. "Strengthening our manufacturing footprint outside China allows us to further enhance supply chain stability, operational flexibility, and long-term competitiveness.
"For our European partners and customers, this project reinforces Triangle Tyre's commitment to being a reliable, forward-looking manufacturer with a truly global vision, capable of supporting sustainable growth and consistently high product standards."
The Cambodia investment represents a significant move in Triangle Tyre's strategy to diversify its manufacturing base beyond China. For European customers, this geographical spread may offer advantages in terms of supply chain security and potential tariff considerations, though the company has not specifically addressed trade policy implications in its announcement.
The balanced product mix of passenger car and truck tyres at the new facility aligns with Triangle's existing portfolio strategy and suggests the plant will support the company's full range of customer requirements across its target markets.
Triangle Tyre Europe has indicated it views the investment as a key enabler for continued growth and partnership development across Europe, underpinning its relationships with customers through what it describes as a "robust, diversified and future-ready manufacturing platform."
Tagged with: Triangle Tyre, Cambodia tyre plant, PCR capacity, TBR capacity, European tyre supply, ASEAN RCEP, Svay Rieng SEZ, tyre manufacturing investment, supply chain resilience, trade remedies, fleet tyres, export logistics
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