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Sinochem News.
com News on June 30, GM issued an announcement that the company plans to invest about 3.
062 billion yuan in the construction of an annual output of 10.
2 million high-performance radial tires in Anqing City, Anhui Province
.
The announcement shows that the projects under construction this time include an annual output of 1.
2 million all-steel radial tires and 9 million semi-steel radial tires
.
The construction period of the project is 40 months and will be implemented in two phases
.
According to the announcement, Anqing, the selected location for this project, is a central city in the southwestern Anhui region and a key city for regional integrated development in the Yangtze River Delta
.
Anqing Economic Development Zone has formed two major industrial clusters, new energy vehicles and parts and high-end equipment manufacturing, and more than 30 auto and parts companies have gathered in the zone
.