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Yangon garment units reopen to protect foreign investment
15 Oct '20
1 min read
Pic: Shutterstock
Despite the spread of COVID-19 in Yangon being not under control, Myanmar’s ministry of health and sports has allowed the city’s garment units to reopen. State Counselor Daw Aung San Suu Kyi said in a televised speech foreign investors may stay away if orders are not met for long. The factories were initially ordered to cease operations until October 21.
Suu Kyi said the resumption of factory operations is necessary for the long-term health of the country’s economy.
The health ministry said allowing operations would prevent employees from losing their jobs and sustain economic growth, according to Myanmarese media reports.
On October 13, about 400 Yangon factories, including drinking water suppliers and cold storages, were allowed to resume operations.
Myanmar has more than 7,000 factories, 6,632 of which are in Yangon along with 680,000 workers, according to the ministry of labour.
Suu Kyi said the resumption of factory operations is necessary for the long-term health of the country’s economy.
The health ministry said allowing operations would prevent employees from losing their jobs and sustain economic growth, according to Myanmarese media reports.
On October 13, about 400 Yangon factories, including drinking water suppliers and cold storages, were allowed to resume operations.
Myanmar has more than 7,000 factories, 6,632 of which are in Yangon along with 680,000 workers, according to the ministry of labour.
Fibre2Fashion News Desk (DS)
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