A Chinese giant establishes itself in Morocco

The Chinese manufacturer plans to build a semi-steel radial tire production plant in Morocco, reports the specialized media Tyrepress, specifying that this project should start in six months. The factory will produce 6 million tires per year, an annual capacity that should gradually reach 12 million units.

With this factory, Yongsheng Rubber strengthens its presence in Morocco. The Chinese tire giant joins the many Chinese equipment manufacturers who have chosen before it to establish themselves in the kingdom as part of their international expansion strategy.

In recent years, Morocco has become the eldorado for Chinese companies in the automotive sector and its components, particularly batteries for electric vehicles. The kingdom continues to attract Chinese investors due to its tax incentives, political stability, and geographical proximity to Europe.