Myanmar to set up specialised textile and garment zone
9 AUG, 2016
YANGON - The Ministry of Industry will supervise the establishment of a specialised textile and garment zone soon, said Union Minister for Industry Khin Maung Cho
The specialised textile and garment zone will be equipped to produce raw materials, machines and finished products in a single place, the minister said at the meeting on the formation of the central executive committee of the Myanmar Textile and Garment Entrepreneurs Association.
Textile producers in Myanmar currently operate under a 'cut-make-pack' (CMP) system, and many ar not in a position to shift to a 'free-on-board' (FoB) system.
At the meeting, the minister urged local garment manufacturers to produce goods that meet international standards.
The issuance of international-standard certificates to local garment manufacturers would make local entrepreneurs more competitive in the international market, according to a statement released by the ministry.
He also called on officials to strive for the establishment of an international textile laboratory to test products.
More than 350,000 people are employed at nearly 400 garment factories across the country.
Among the nearly 400 garment factories, 171 are foreign-owned; 196 are locally owned; and 22 are joint-ventured factories, according data collected before February 2016.