State Leaders Visited The Site And 370 Million USD Tire Project Started.

- Jan 28, 2019-

Recently deputy director of China Development and Reform Commission, Ning Jizhe, paid a working visit to the United Arab Emirates. He met with the State Councilor, Sultan and the Chairman of the Abu Dhabi Executive Board, Hallertown, and exchanged views on the next step of pragmatic cooperation in key areas of the two countries. A number of consensuses have been reached. Deputy Director Ning Jizhe also went to the “One Belt and One Road” capacity cooperation park to conduct on-the-spot investigation and attended the groundbreaking ceremony of the Roadbot and Abu Dhabi tire project.

370 million USD tire project -Angus663

370 million USD tire project -Angus665

According to the data, Roadbot Tyre Industries Co.,Ltd is one of the investors of Roadbot Science and Technology Co., Ltd(Jiangsu) is a wholly-owned subsidiary of tire machinery manufacturer Safe-Run Huachen Machinery (Suzhou) Co., Ltd. Roadbot Tyre Industries Co.,Ltd was successfully registered in the United Arab Emirates at the end of 2018. It plans to produce 10 million sets of semi-steel radial tires and 1 million sets of all-steel radial tires.

370 million USD tire project -Angus1350

370 million USD tire project -Angus1352

The “One Belt and One Road” capacity cooperation park is located in the Khalifa Industrial Zone in Abu Dhabi, UAE. The park is positioned to serve the country’s “One Belt, One Road” construction overall situation and promote the international cooperation of manufacturing capacity and innovative overseas parks, and adhere to high starting point planning, high standard construction, high efficiency operation and high quality development. The 2.2 square kilometers infrastructure of the demonstration park start-up area has been fully started, and 16 companies have signed investment framework agreements with a total investment of about 1 billion US dollars. The demonstration park financial platform was launched and has obtained the first batch of financial licenses (credit). In the future, it will focus on the two goals of serving the Chinese enterprises “One Belt and One Road” investment and building the RMB internationalization pilot platform, and strive to achieve a new breakthrough for overseas licensed financial institutions.