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Wanli Tire and Berjaya Property Partner for USD320 Million Malaysia Tyre Plant

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Wanli Tire, Berjaya Property to form a joint venture for a tyre plant in Selangor, Malaysia. (Photo: Ng Sze Han/Facebook)
Chinese tyre manufacturer, Wanli Tire Co Ltd (Wanli Tire), has formally entered into a USD320 million joint venture with Berjaya Property Berhad to develop a high-performance tyre manufacturing facility in Malaysia.

Berjaya Property Joint Venture with Wanli Tire to Generate 1,350 Malaysian Jobs

The agreement was formalised at a signing ceremony attended by business associates, bankers, and government officials in Guangzhou, China. Berjaya Property described the partnership as one “founded on clear, long-term objectives”.

Beyond the financial investment, Berjaya Property said the...

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