Home / Knowledge / News / Apparel/Garments / Five garment companies to create 6,000 jobs in Myanmar
Five garment companies to create 6,000 jobs in Myanmar
30
Aug '16
Five apparel companies that will operate under cut-make-pack (CMP) system will create nearly 6,000 jobs in Myanmar. The Myanmar Investment Commission has approved the new businesses of five companies—one locally owned and four others that have received foreign investment. The garment factories will be located in Yangon's industrial zones.

The five companies are Myanmar Sumec Win Win Garment Co Ltd, Gainway International (Myanmar) Garment Co Ltd, Saung Oo Shwe Nay (Golden Sunshine) Co Ltd, Sanyuan (Myanmar) Apparel Manufacturing Co. Ltd and CM Garment Industrial Ltd, according to Myanmar media reports. Of this, only CM Garment Industrial is a locally owned company.

The new garment factories, which will come up in industrial zones in Hlaingtharya, Shwepyitha and Hmawbi townships in Yangon, are expected to create nearly 6,000 jobs.

Earlier this month, Myanmar's minister for industry Khin Maung Cho said the government is planning to set up an exclusive textile and garment zone, which will be equipped to produce raw materials, machines and finished products in a single place.

The Myanmar clothing industry employs around 350,000 people, who together work at nearly 400 apparel facilities, most of which work under CMP model, across the country. (RKS)

Fibre2Fashion News Desk – India


Must ReadView All

Pic: Shutterstock

Textiles | On 22nd Feb 2020

Pharr sells Pharr High Performance to Coats Group

Pharr, a provider of differentiated textile products and assorted...

Pic: Shutterstock

Textiles | On 22nd Feb 2020

TOAI highlights importance of textiles in auto industry

The first edition of the conference 'Textile Opportunities in a...

Pic: Shutterstock

Textiles | On 22nd Feb 2020

Cocona's 37.5 fibres to have new biodegradable additive

All of the 37.5 staple fibres and filament yarns by Cocona, will now...

Interviews View All

Footwear industry, Head honchos

Footwear industry
Head honchos

There is rising demand for fancy, trendy and yet comfortable footwear

Top executives, Textile & apparel bodies

Top executives
Textile & apparel bodies

The mid-term review of FTP is progressive, growth oriented

Top executives, Textile industry

Top executives
Textile industry

The budget will give major impetus to textile and apparel consumption

Karan Behal,

Karan Behal

Karan Behal, founder and chief executive of top-selling brand...

Sugandha Bhardwaj,

Sugandha Bhardwaj

<div>New Delhi-based Brinjal Designs Pvt Ltd manufactures home furnishing...

Iacopo Pardini,

Iacopo Pardini

Founded in 1953, Italian engineering company Arioli Spa started...

Daniel Odermatt, Ventile

Daniel Odermatt
Ventile

Ventile is a registered trademark used to brand a special high-quality...

Robert Erichsen, Statex Produktions & Vertriebs GmbH

Robert Erichsen
Statex Produktions & Vertriebs GmbH

Statex Produktions &amp; Vertriebs Gmbh, founded in 1978 and headquartered ...

Mohammad Hassan, Biax Fiberfilm

Mohammad Hassan
Biax Fiberfilm

About one in every 20 patients picks up an infection while hospitalised....

Tony Ward, Tony Ward

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

Mike Hoffman, Gildan Activewear SRL

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

Judy Frater, Somaiya Kala Vidya

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

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

Leave your Comments


February 2020

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


Advanced Search