Bridgestone is investing US$575 million to build a tyre plant inDinh Vu Industrial Zone in northern HaiPhong. The facility, the biggest foreign investment in HaiPhong, is being built on a 1.02 million sq m and will have a capacity of 24,700 tyres /day. It will start up by 2014.
Bridgestone recently also increased its production capacities at its NongKhae plant in Thailand and Karawang plant in Indonesia. Regardless, the tyre maker determined that a new plant in Vietnam was necessary to respond to continuing growth in demand.
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