A diversified Chinese company based in Shaoxing, China is planning to invest $100 million for a “green textile industry park” at the Cagayan Special Econonic Zone (CEZA) in Sta. Ana, Cagayan.

In a statement, the CEZA said officials of China Zhejiang Guannan Group, led by its Chairman of the Board Shaoxiong Cai, are currently in the country to finalize details of the investments.

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