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Saturday, March 21, 2026

Advance Tyre investing $300 million in Morocco tyre plant

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The board of Guizhou Tyre Co., Ltd., which trades internationally under the Advance Tyre flag brand, approved a proposal to build a “6 million semi-steel radial” intelligent tyre plant in Morocco at its meeting on 5 January 2026. According to official documents, total investment amounts to US$298.7215 million, including construction investment of $293.0217 million. The project will be implemented by the proposed Advance Tyre (Morocco) Co., Ltd entity.

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