Opening Ceremony of Wanli Tire (Cambodia) Production Base (Phase 1)

Svay Rieng: On the morning of Monday, January 12, 2026, H.E. Sun Chanthol, Deputy Prime Minister and First Vice Chairman of the Council for the Development of Cambodia, High Representative of Samdech Moha Borvor Thipadei Hun Manet, Prime Minister of the Kingdom of Cambodia, presided over the Opening Ceremony of Wanli Tire (Cambodia) Production Base (Phase 1). The ceremony was attended by H.E. Minister of Labour and Vocational Training, H.E. Deputy Governor of Svay Rieng Province, Mr. JING GUANGJUN, Chairman of the Board of Guangzhou Industrial Investment Holding Group, as well as Excellencies, Lok Chumteavs, Ladies and Gentlemen, and many national and international distinguished guests.

The decision to invest in the Sin Bavet Special Economic Zone in Svay Rieng Province marks a new historic chapter for Wanli Tire in choosing the territory of the Kingdom of Cambodia as its first-ever production base outside of China. Today’s brilliant achievement did not occur by chance; it is the fruit of firm commitment born from bilateral discussions during an investment promotion mission led by H.E. Deputy Prime Minister to the factory itself in Guangzhou, People’s Republic of China, on October 21, 2023. Notably, exactly one year after the groundbreaking ceremony—held under the high presidency of H.E. Deputy Prime Minister and H.E. Chinese Ambassador to Cambodia on January 12, 2025, the factory has been fully realized and has commenced its Phase 1 production line. This serves as a testament reflecting the momentum of development and deep confidence in Cambodia’s investment climate.

Speaking at the ceremony, H.E. Deputy Prime Minister expressed his great pleasure in receiving the privilege from Samdech Thipadei Prime Minister to preside over this opening ceremony. At the same time, H.E. Deputy Prime Minister expressed his gratitude, appreciation, and high evaluation of the company and all relevant stakeholders who collaborated with a high spirit of responsibility to achieve this proud milestone.

Before concluding, H.E. Deputy Prime Minister expressed firm optimism that the presence of Wanli Tire in Cambodia at this time is not only a business success but will also become a symbol of success and a living witness in sharing excellent experiences as well as promoting the positive realities of Cambodia’s investment climate to the world. He emphasized that the success of Wanli Tire is an increase in confidence to attract a larger network of Chinese investors and business communities to continue investing in Cambodia, which will help push the national economy toward even stronger momentum.

It should be noted that the operation of Wanli Tire’s Phase 1 factory will provide numerous benefits to Cambodia, including: (1) Employment Opportunities: Providing thousands of jobs for citizens and the transfer of modern knowledge and technology to Cambodian workers and employees. (2) Promotion of the Agricultural Sector (Rubber): The factory will become a vital market for absorbing domestic natural rubber raw materials, helping to improve the livelihoods of Cambodian rubber farmers. (3) Industrial Diversification: Transforming Cambodia from a producer of garments and footwear into a hub for automotive components and heavy industry. And (4) Export Growth: Increasing the volume of international trade and national exports. Through this event, H.E. Deputy Prime Minister highlighted Cambodia’s readiness to welcome all foreign investments through peace, political stability, a young workforce, and the facilitation of support, as well as guaranteeing a business environment with the highest transparency and efficiency, coupled with the adoption of digitalization for various reforms. He also noted that Cambodia possesses high international competitive advantages through: (1) breaking records for approving a massive number of investment projects at the highest level for two consecutive years—unprecedented in history—which reflects the momentum of investment confidence; and (2) the fact that Cambodia is the first country in the world to sign a reciprocal trade agreement with the United States, providing certainty for all investments in Cambodia to supply exports to the massive U.S. market.