Taiwan's largest paper manufacturer Cheng Loong Corp is reportedly to invest US$300 million to build a paper manufacturing plant in Dongguan City, Guangdong Province of China.
 
 The new site locating in Houjie Town of Dongguan City occupies a space of around 200,000 square meters.
 
 The new plant is divided into two phases. The first phase with 85,000 square meters of area has started production since this April, offering high-end paper boxes, paper boards and color boxes for some world famous brands such as Apple, Sony, etc.
 
 With about 50 years of history, Cheng Loong Corp has established eight plants in Mainland China, with a total investment of more than US$1.7 billion.