Japan UNIQLO Is Considering Turning Its Production Plant To Burma.

Recently, Fast Retailing, a Japanese casual wear chain, UNIQLO, is doing research on the production of garments in Burma.

It is expected that the company will set up a local company next year.

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At present, although UNIQLO is over 7,

Production in China, but with the development of China's economy and the rising labor costs, the company decided to shift the production of clothing to Burma, where labor costs are relatively low.

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In response, Ryui Masa, President and chief executive of the company, said that because of human rights issues, Burma's products have been difficult to be accepted by European and American consumers.

However, at present, the European and American countries' economic sanctions against Burma are showing signs of being lifted.

Therefore, Ryui Masa said: "because of a better expectation for product sales in the future, we have now made a detailed study of the location of the production plant."

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According to a survey by the Japan Trade Promotion Agency (JETRO), the labor cost in Burma in 2011 was 95 US dollars per month, only 1/5 of China's.

Therefore, the company plans to take the opportunity to enter Burma and increase the proportion of garment production outside China to 1/3 from 1/4.