<p>“We hope the factory will open within three years,” Rollier told Europe 1 radio.<br />Media reports said Michelin may invest more than one billion euros ($1.39 billion) over 10 years in a factory in the Asian country, but Rollier refused to confirm the figure.<br /><br />“I cannot tell youthe figure but for a big factory, it’s not far from that,” he said. “One billion euros over 10 years is less than what we invest in France.”</p>
<p>“We hope the factory will open within three years,” Rollier told Europe 1 radio.<br />Media reports said Michelin may invest more than one billion euros ($1.39 billion) over 10 years in a factory in the Asian country, but Rollier refused to confirm the figure.<br /><br />“I cannot tell youthe figure but for a big factory, it’s not far from that,” he said. “One billion euros over 10 years is less than what we invest in France.”</p>