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Burma Will Become The Main Outsourcing Sourcing Place For Garment Manufacturing Industry In Hongkong.
< p > Dr. Aung Win, vice chairman of the Burma clothing association, said that in June 13th, the delegation of Hongkong signed a contract at the Burma Federation of industry and commerce. It will set up a href= "http:// www.91se91.com/news/index_c.asp" in the dlwa Special Economic Zone in Yangon > the garment industrial park "/a". < /p >
< p > these plans were first released by the Hongkong Clothing Training Bureau. The garment industrial park covers an area of 2400 hectares and will start operation in mid 2015. < /p >
< p > although Dr. Aung Win has not announced the name of the 12 Hongkong enterprises investing in the project, he said that the Burma Garment Association has met more than 20 enterprises from Hongkong, including some enterprises already set up in Bago. < /p >
"P >" everyone in the conference is interested in Burma as an outsourcing country, and thinks Burma has better potential than Vietnam, Bangladesh and Kampuchea. We believe that our country will soon become the leading source of clothing sourcing, "said Dr. Aung Win. < /p >
Kevin Murphy, executive director of P Andaman Capital Partners, added: "Hongkong enterprises are mainly interested in light industry and try to understand whether they should be put into production in Burma". < /p >
< p > Dr. Aung Win indicates that Burma adopted the new foreign investment act in 2012, replacing the very restrictive 1988 old law. This is the main reason for Hongkong garment makers to invest in Burma, because it has "safeguards". < /p >
< p > Kevin Murphy agrees with Dr. Aung Win and says: "the government of Burma actively creates employment opportunities and foreign capital, so the regulation is improving." < /p >
Since the United States and the European Union relaxed the "a href=" "http://? www.91se91.com/news/index_c.asp" in the trade limit of Burma in 2012, the foreign investors will gradually focus on the garment industry in Burma. < /p >
< p > however, before the real trade starts for clothing and textiles, Burma's system and infrastructure need to be strengthened and rebuilt. < /p >
< p > because the investment case has to be approved by government departments, in order to assist foreign investors in dealings with government departments, Burma Investment Committee launched the "one-stop" comprehensive service in April last year. < /p >
< p > "although it is too early to say, some groups see the development potential of < a href=" http:// www.91se91.com/news/index_c.asp "> Burma < /a >. Burma has the advantage of fine hand clothing and light industrial products, and investors may avoid the risk of rising wages like mainland China, the working conditions of Bangladesh employees' health and safety, and the risks associated with their reputability, "Kevin Murphy said. < /p >
< p > however, Kevin Murphy reminds us that investors must weigh the shortage of half skilled skilled workers in Burma's electricity supply and the market. These problems have always been a concern. < /p >
< p > Dr. Aung Win said that because the members of the World Bank Group, the International Finance Corporation and the Asian Development Bank both provided funds for the Burma electric power programme, the shortage of electricity was not a problem for the delegation of Hongkong. < /p >
During the period before and after the Burma general election in 2015, the problem of political instability may not be raised. The delegation of Hongkong did not propose P. < /p >
< p > according to the Burma clothing association, the only drawback to Hongkong delegation's visit is that there is no minimum wage in Burma, which will be set up by the Burma parliament in December this year. At present, the average wage of garment workers in Burma is US $100, while the average wage of garment workers in mainland China is about $250. < /p >
< p > Dr. Aung Win indicates that the Burma clothing association has hired Japanese instructors to train garment workers at the training centre of Insein Township in Yangon. < /p >
< p > American Apparel giant Gap announced that it will start buying garments from two factories in Burma. This move made Gap the first American retailer to enter the Burma market. < /p >
< p > Gap is also forced to protect the rights and interests of workers after human rights advocates suggest that Gap is just trying to lower the cost of clothing manufacturing as much as possible. < /p >
< p > these plans were first released by the Hongkong Clothing Training Bureau. The garment industrial park covers an area of 2400 hectares and will start operation in mid 2015. < /p >
< p > although Dr. Aung Win has not announced the name of the 12 Hongkong enterprises investing in the project, he said that the Burma Garment Association has met more than 20 enterprises from Hongkong, including some enterprises already set up in Bago. < /p >
"P >" everyone in the conference is interested in Burma as an outsourcing country, and thinks Burma has better potential than Vietnam, Bangladesh and Kampuchea. We believe that our country will soon become the leading source of clothing sourcing, "said Dr. Aung Win. < /p >
Kevin Murphy, executive director of P Andaman Capital Partners, added: "Hongkong enterprises are mainly interested in light industry and try to understand whether they should be put into production in Burma". < /p >
< p > Dr. Aung Win indicates that Burma adopted the new foreign investment act in 2012, replacing the very restrictive 1988 old law. This is the main reason for Hongkong garment makers to invest in Burma, because it has "safeguards". < /p >
< p > Kevin Murphy agrees with Dr. Aung Win and says: "the government of Burma actively creates employment opportunities and foreign capital, so the regulation is improving." < /p >
Since the United States and the European Union relaxed the "a href=" "http://? www.91se91.com/news/index_c.asp" in the trade limit of Burma in 2012, the foreign investors will gradually focus on the garment industry in Burma. < /p >
< p > however, before the real trade starts for clothing and textiles, Burma's system and infrastructure need to be strengthened and rebuilt. < /p >
< p > because the investment case has to be approved by government departments, in order to assist foreign investors in dealings with government departments, Burma Investment Committee launched the "one-stop" comprehensive service in April last year. < /p >
< p > "although it is too early to say, some groups see the development potential of < a href=" http:// www.91se91.com/news/index_c.asp "> Burma < /a >. Burma has the advantage of fine hand clothing and light industrial products, and investors may avoid the risk of rising wages like mainland China, the working conditions of Bangladesh employees' health and safety, and the risks associated with their reputability, "Kevin Murphy said. < /p >
< p > however, Kevin Murphy reminds us that investors must weigh the shortage of half skilled skilled workers in Burma's electricity supply and the market. These problems have always been a concern. < /p >
< p > Dr. Aung Win said that because the members of the World Bank Group, the International Finance Corporation and the Asian Development Bank both provided funds for the Burma electric power programme, the shortage of electricity was not a problem for the delegation of Hongkong. < /p >
During the period before and after the Burma general election in 2015, the problem of political instability may not be raised. The delegation of Hongkong did not propose P. < /p >
< p > according to the Burma clothing association, the only drawback to Hongkong delegation's visit is that there is no minimum wage in Burma, which will be set up by the Burma parliament in December this year. At present, the average wage of garment workers in Burma is US $100, while the average wage of garment workers in mainland China is about $250. < /p >
< p > Dr. Aung Win indicates that the Burma clothing association has hired Japanese instructors to train garment workers at the training centre of Insein Township in Yangon. < /p >
< p > American Apparel giant Gap announced that it will start buying garments from two factories in Burma. This move made Gap the first American retailer to enter the Burma market. < /p >
< p > Gap is also forced to protect the rights and interests of workers after human rights advocates suggest that Gap is just trying to lower the cost of clothing manufacturing as much as possible. < /p >
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