Korean “Hankook” is considering establishing a tire factory in the Kingdom

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Korean “Hankook” is considering establishing a tire factory in the Kingdom

Korean “Hankook” is considering establishing a tire factory in the Kingdom

Marwan Bin-Shihon, Vice Chairman of the Board of Directors of “Bin-Shihon” Group, agent of “Hanakook” company, said that the Korean company is considering establishing a tire factory in one of the major industrial cities in the Kingdom.

Bin Shihon said, according to Al-Madina, that the Korean company is seeking to take advantage of the Kingdom’s strategic location in serving its markets in the Middle East.

He pointed out that the Kingdom’s facilities to attract foreign investments will be a motive for establishing the factory.

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