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$100 million investment for the development of a green textile industry park

Related Keywords: green textile industrial park, textile production facility

Ceza Administrator and Chief Executive Officer Raul L. Lambino said the new Chinese venture is a “bold [venture] since it will break new ground” in the economic zone. The Ceza is trying to diversify its industry portfolio currently dominated by financial technology firms.

Once China Zhejiang enters the economic zone, it will be classified as a locator. Lambino said up to 10,000 hectares of land in Sta. Ana, and other towns in Cagayan could be developed to accommodate the requirements of the green textile industrial park.

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