Clothes Industry In Myanmar
Also consider the ILO published a research note in 2016 that estimated the entire Myanmar apparel industry garments footwear textiles inclusive of the heritage workshops and irrespective of facility size employed over 738000 persons at that time.
Clothes industry in myanmar. Since January 38 cut-make-pack factories that includes the garment factories have shut down according to the Ministry of Labour Immigration and Population. November 14 2019 6th MGMAs Annual Factory Award Dinner 2019 Read More Date. Key environmental concerns as the garment industry expands in Myanmar Factories supplying for international brands and retailers operate in an extremely competitive and globalized industry.
Apparel Exports from Myanmar After the democratic and governmental reforms of Myanmar in 2011 the country started again to export garments and Accessories to the European Union and the US. It is a thriving industry and there are an abundance of jobs in clothing garment and textiles at a variety of different level. Freedom from military rule and reformist government policies are making things possible.
Factories in Myanmar that supply major Western clothing companies are fighting a government proposal to set the countrys first-ever minimum wage at roughly 325 a day. The clothing garment and textile industry in Myanmar often referred to the apparel industry is the design manufacturing and distribution import and export of both clothing and footwear. Especially after the reinstatement of EU everything but arms EBA trade preferences there has been a significant growth in the Garment industry in Myanmar.
They account for 48 per cent and 33 per cent of imports respectively. Myanmars clothing industry is set to grow tremendously in the coming years according to a report in the latest issue of Global Apparel Markets from the business information company Textiles Intelligence. Now the garment sector represents Myanmars second largest export sector and it is expanding fast.
Opportunities of Myanmar garment industry. On the other hand as a developing country Myanmar highly depends on the imported textile raw material. Myanmars clothing industry has played a pivotal role in generating employment and exports.
November 1 2019 The 3rd Myanmar Textile Summit 2019 Read More Date. During the 2016-17 fiscal year the industry exported a garments worth some 22 billion which is up from 18 billion the year before according to the Myanmar Garment Manufacturers Association MGMA. Before the cancellation of orders from the EU at least 20 out of the 500 factories in Myanmar have shut down due to the pandemic leaving more than 10000 workers unemployed industry sources said.