Cheng Shin Rubber to build USD320 million tire plant in Indonesia
Indonesia continues to attract automotive component suppliers and tire manufacturers to invest in production facilities.
Chinese tire producer Cheng Shin Rubber Industry Company Limited (CSR) plans to invest USD320 million to build a new manufacturing plant in Indonesia, reports Reuters. The plant, which will produce tires for cars and motorcycles, will become operational in the second half of 2015.
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