Insight Into The Direction Of Investment: Global Textile Network Organization And Enterprise Group Successfully Carry Out Investigation In Burma

15-19 June, global Spin Net organization of Milan overseas Chinese Entrepreneurs Association, Shaoxing small and medium textile enterprises promotion association, China Textile City Taizhou chamber of Commerce and Bally textile, Yusheng textile, Fujian Shaoxing textile, three Chuan textile and other entrepreneurs Keqiao more than 30 people visited Burma, visited Burma Burma industrial city, Yangon professional market, the inspection group in the field visits and exchanges, with their own thoughts, insight into the direction of investment in Burma.

Burma's Industrial Park

In recent years, China and Myanmar have been committed to the construction of the "Sino Burmese economic corridor". In 2017, Chinese Foreign Minister Wang Yi proposed to build a "human shaped" economic Burmese economic corridor in Naypyidaw, Burma, in order to create a grand pattern of cooperation with three pillars and three pillars.

In December 7, 2018, the presidential palace of Burma issued a circular announcing the establishment and implementation of the "one belt and one road" steering committee to jointly promote the construction of China Burma economic corridor. In the same year, the chairman of the Burma Investment Committee, Wu Dun Tun, took part in the third "one belt and one road" summit held in Hongkong, and introduced 5 large-scale projects of China Burma economic corridor to the world, including the development of Yangon new town, Yangon Irrawaddy project, bas Sheng Industrial City, new Mandalay Holiday City, Mandalay Miao Da Industrial Park and Mu Jie central business district.

On the trip to Burma, the global textile network enterprise group first came to Burma, the one of the 5 big projects.

The park is located in the city of Irwin, the capital of Irrawaddy Province in Burma. It is an industrial park dominated by garments, textiles and light industries. It is also the first professional industrial park in Burma, which is co operated by the global textile network and the Irrawaddy Public Development Corporation. It can meet the high efficiency investment and entrepreneurial environment, low cost economic benefits and international working environment in the spinning and weaving industry. It's only 5 minutes' drive from downtown and its location is excellent.

The first phase of the 200 acre plan is to build an industrial zone that can solve 100 thousand labour. It will become a new gathering area of textile and garment processing, printing and dyeing industries in Burma. The industrial city has attracted many Chinese textile enterprises to invest with its convenient features of "no need to build factories and rent factories to start up". In addition, the Irrawaddy provincial government's full support, excellent location, complete and attractive land prices, adequate labor force in the region and perfect training service system have made it a hot item in Burma's investment and operation.

Entering the professional market in Yangon

Since then, the global textile network enterprise group has come to Yangon to investigate the local professional market and textile and garment enterprises. He also held talks and talks with the Chinese Chamber of Commerce in Burma.

Sino US trade war and foreign trade tariffs have risen sharply. Business is becoming more and more difficult. Environmental protection requirements, labor costs, tariff increases, textile enterprises where to reduce costs and find business opportunities?

Burma is undoubtedly the most potential market in Southeast Asia. We should know more about the investment situation in Burma, and consult the global textile network customer service hotline / hotline: 400-119-0123