Home / Knowledge / News / Apparel/Garments / Japanese apparel buyers willing to invest in Myanmar
Japanese apparel buyers willing to invest in Myanmar
Aug '10
The Pearl River delta has lost its gleam for foreign producers to some extent, as wages in China continue to rise. However, if Myanmar decides to accelerate the slack, it needs to develop its infrastructure, inform industry sources.

Hideki Arai of Asahi Kasei Trading Company said that, China was the key producing base for textile and cloth manufacturers from Japan. But now, as business conditions in China have deteriorated significantly, a lot of companies are envisaging immense potential in the ASEAN countries, and hence, are planning to relocate elsewhere.

Eitaro Kojima, Managing Director of Japan External Trade Organization's (JETRO) Yangon office, averred that, Japan has a protective free trade agreement with ASEAN nations, the ASEAN-Japan Comprehensive Economic Partnership. More so, there are also in place several other mutual agreements that place the nation in an advantageous position to gain as China loses.

U Myint Soe, President, Myanmar Garment Manufacturers Association (MGMA), spoke of the immense availability of labour in the country at comparatively cheaper rates to be potential enticements, which could be utilized to draw investments from Japan. But then, he added that, for this purpose they needed to build on the capacity of their workers, as Japanese markets are extremely conscious with respect to quality checking.

Presently, the volume of clothing exports from Myanmar to Japan are on a higher side than compared to exports from Bangladesh to Japan, said Kojima.

As revealed by the Myanmar Garment Manufacturers' Association's data, country's clothing exports to Japan has been on a rise since five years with US $53 million in 2005, which grew to $71 million in 2006, $96 million in 2007, $133 million in 2008 and $149 million in 2009, said Soe.

However, Kojima maintained that, Bangladesh before long would beat Myanmar as new factories are already taking shape in the country. Also, while Bangladesh churns out fabrics on its own, Myanmar need to import a majority of its basic materials.

He further stated that, as per his beliefs Bangladesh would surpass Myanmar as regards exporting to Japan, for another reason and that is, the comparatively higher number of Japanese factories rooted in Bangladesh.

More over, Kojima averred that, although he is unsure of the number of new Japanese-funded factories, which are on their way to Bangladesh. But he is sure that, other than merely orders, there are no new factories planned for Mayanmar.

Soe added that, if private firms can develop new lines and provide apparels of a certain quality, then Mayanmar is likely to receive more opportunities. Currently, there are merely four Japanese-owned firms in Mayanmar, with an additional number of 20 or so firms working towards supplying the Japanese market.

Fibre2Fashion News Desk - India

Must ReadView All

Textiles | On 26th Jul 2017

Q1 2018 revenue at Raymond soars 14%

The consolidated revenue of Raymond Limited for the first quarter of...

Textiles | On 26th Jul 2017

Textile Corp of America to create 1000 jobs in Tennessee

Textile Corporation of America Inc, a leading textile manufacturer,...

Textiles | On 26th Jul 2017

Leather & footwear industry expecting incentive package

India’s leather and footwear industry is anticipating an incentive...

Interviews View All

Cindy McNaull

We have broad range of options in durable fabrics

Amit Jain
Shingora Textiles Ltd

‘In terms of fabric, the fastest growing category for us is a blend of...

Subhashini Srinivasan
The S Studio

Ethnicwear market will see an upward trend if uniqueness and quality are...

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Kevin Nelson

Kevin Nelson, Chief Scientific Officer, TissueGen discusses the growing...

Madhu Jain
Madhu Jain

She grew up in the walled city of Old Delhi, completed her studies, and...

Jay Ramrakhiani
Occasions Elegance Wear

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

Sonam & Paras Modi

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies


July 2017

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

news category

Related Categories:

Planning to Take the Leap towards

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search