Myanmar's CMP export volume reaches $2 bn in 5 months

19 Mar '19
1 min read

The export volume of cut-make-produce (CMP) industries in Myanmar reached nearly $ 2 billion from October 1 last year, the first day of the current fiscal, to March 1.This was higher by $880 million compared to the figure during the same period in the last fiscal, according to Khin Maung Lwin, assistant secretary in the ministry of commerce.

on an average Myanmar earns 10 per cent as sewing fee, which varies according to quality. Some countries earn only 8 per cent and some 12 per cent, said Khine Khine Nwe, secretary of Myanmar Garment Entrepreneurs Association.

Myanmar earns about $300 million from CMP enterprise annually. (DS)

Fibre2Fashion News Desk – India

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