Chinese investors eye garment sector
2018-05-09 11:11:18 / MTG
Chinese entrepreneurs have discussed with Yangon Region Investment Committee on the expansion of garment industry in industrial zones in Yangon, said Myo Khaing Oo, joint-secretary of Yangon Region Investment Committee.
Aung Htoo, deputy minister for Commerce said: “Currently, Myanmar’s textile industry is rapidly growing. Imports of garment by the EU and Asian countries become high.
Entrepreneurs from Japan, China, South Korea and Taiwan have opened joint-venture garment factories in the country. Now the number of garment factories has reached more than 400. In 2016, the garment sector created 350,000 jobs. Female workers represent 90 per cent of the total workforce.
Tun Tun, the central executive of Myanmar Garment Entrepreneurs Association said In November, 2017: “The garment industry has long been practicing Cut-Make-Pack (CMP) system for over 20 years. But it is not in a position to shift from the CMP system to the FOB system due to lack of infrastructure, transparency in banking system, information and investment power.”
In 2017-2018 FY, export earnings from CMP garment sector hit US$ 2.58 billion. It is one of the top export items, according to the Commerce Ministry.
Japan and European countries have placed most garment orders from Myanmar.
Source From: ElevenMyanmar
More News
- FREE SHUTTLE BUS SERVICE FOR GROUP VISITORS TO EXHIBITIONS IN HANOI Hanoi International Electronics and Smart Manufacturing Exhibition / 2026-05-12 09:59:54
- FREE SHUTTLE BUS SERVICE FOR GROUP VISITORS TO EXHIBITIONS IN HANOI Hanoi Print Pack / 2026-05-12 09:57:44
- Get Ready for BTKG 2026 – Event Schedule Revealed! Bangladesh International Textile, Knitting and Garment Industry Exhibition / 2026-05-08 17:02:16
- Foreign Buyer Incentive Program Now Open — Apply NOW! Taipei Int'l Industrial Automation Exhibition / 2026-05-04 19:26:26
- BTKG 2026 Pre-show Press Conference Bangladesh International Textile, Knitting and Garment Industry Exhibition / 2026-04-25 20:34:34
- On-Site Activity - Halls Hunter Bangladesh International Textile, Knitting and Garment Industry Exhibition / 2026-04-23 15:37:15
- On-Site Activity - Post & Pour Bangladesh International Textile, Knitting and Garment Industry Exhibition / 2026-04-15 15:17:18
- BIO Asia–Taiwan Exhibition 2026_Foreign Buyer Incentive Program BIO Asia-Taiwan Exhibition / 2026-03-26 11:52:26
- Transforming Next-Gen PCBs: Advancements in Materials, Processes, and Innovation Intelligent Asia Thailand / 2026-03-03 12:49:31
- IPF Bangladesh 2026 Sets New Milestone with 29,274 International Visitors Bangladesh Int'l PLASTICS, PRINTING & PACKAGING Industry Fair / 2026-02-25 16:23:37
- Seminar Session: Driving the Innovation in the Plastics, Printing & Packaging Industry Bangladesh Int'l PLASTICS, PRINTING & PACKAGING Industry Fair / 2026-01-22 20:45:09
- IPF Bangladesh 2026 Positions Bangladesh as a Rising Hub for Plastics, Printing and Packaging Manufacturing Bangladesh Int'l PLASTICS, PRINTING & PACKAGING Industry Fair / 2026-01-20 13:27:57
- Taiwanese bakery brands making their mark in Vietnam Taipei Int'l Bakery Show / 2026-01-16 15:05:38
- Hanoi International Electronics and Smart Manufacturing Exhibition to Bring Together Companies from 6 Countries, May 20–23, 2026 in Vietnam Hanoi International Electronics and Smart Manufacturing Exhibition / 2026-01-15 17:04:13
- Scoop the Prize! VIETNAMWOOD / 2025-11-03 10:52:16
- VietnamPlas 2025 Successfully Attracted 21,401 International Visitors Vietnam Plas (HCM) / 2025-10-28 10:18:04
- Leisure Japan is coming to Tokyo Big Sight on November 26-28! Taiwan Outdoor Show －OUT。DOOR TaiChung / 2025-10-27 09:02:46
- Leisure Japan is coming to Tokyo Big Sight on November 26-28! Taiwan Outdoor Show - OUT。DOOR Taipei / 2025-10-27 09:02:10
- VietnamPrintPack 2025 successfully concluded with a total of 20,052 professional visitors Vietnam HCM Pack Print Food / 2025-10-17 13:36:26
- Seminar Sessions: Expert Perspectives on Advancing the Printing & Packaging Markets Vietnam HCM Pack Print Food / 2025-09-30 14:54:32