Home / Knowledge / News / Apparel/Garments / Chinese, Myanmar firms collaborate for garment factory
Chinese, Myanmar firms collaborate for garment factory
12
Aug '14
A Chinese company and a Myanmar-based firm are collaborating to set up a garment manufacturing facility at a project cost of US $20 million, which is expected to create employment opportunities for thousands of people.

According to Eleven Myanmar, the MD of Myanmar-based Lat War Garment Company - Dr Khin Maung Aye was quoted as saying that his company and Chinese firm - Sumec Textile & Light Co Ltd, were setting up a garment factory in Bago region.

“We have already started the process of setting up the unit for which we have already employed 200 people. Phase one of the project will employ around 1,500 people and on completion of phase two, over 5,000 people will get employment”, Aye said.

A memorandum of understanding on setting up the garment factory at Yedashe was signed by Lat War Company and Sumec Textile on July 4.

To encourage investment in the apparel industry, the Myanmar has permitted 100 percent foreign investment under the foreign investment law.

Sumec ranks among top 20 Chinese textile and garment export companies and is among top three in Jiangsu province. In 2013, its export value stood at $498 million and domestic trade turnover exceeded RMB 680 million.

Fibre2fashion News Desk - India


Must ReadView All

Textiles | On 25th May 2016

Vietnam’s fabric & garment exports up 6.7% in Jan-April

Fabric and garment exports from the Southeast Asian nation of Vietnam ...

Textiles | On 25th May 2016

CAIT for joint coalition of trade & industry on GST

Proposing a joint coalition of trade and industry bodies, the...

Apparel/Garments | On 25th May 2016

‘Mauritius is reliable supplier of high-value garments’

The textile and apparel industry in Mauritius has become a reliable...

Interviews View All

Jurgen Gauger
Spreadshirt

How is the market for personalised prints on garment shaping up? What are...

Amit Jain
Shingora Textiles Ltd

What benchmarks in design and production need to be met in the manufacture ...

Anvita Mehra
Confidential Couture

At what rate is the luxury products market growing in India? How are...

Urs Stalder
Sanitized AG

<b><i>Urs Stalder, CEO, Sanitized AG, talks about the increasing use of...

Marten Alkhagen
Swerea IVF AB

<b><i>Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles...

Ashok Desai
Bombay Textile Research Association

<b><i>Bombay Textile Research Association (BTRA) is a leading name in...

Ritu Kumar
Label Ritu Kumar

"There are a lot of people wearing western clothes in India as well. But...

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH
May 2016

F2F Magazine

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


Advanced Search