Burma Becomes Textile Enterprise Investment Hot Land

Burma Becomes Textile Enterprise Investment Hot Land
event_note  1 Jan

Burma Becomes Textile Enterprise Investment Hot Land

Burma becomes textile enterprise investment hot land
What standard does the printing and dyeing enterprise have to open a factory to myanmar?
Is it convenient for Burmese employees to get visas to China?
Recently, the investment summit of myanmar 2019 was held in keqiao, and the industrial insiders from myanmar government agencies, federation of industry and commerce, chamber of commerce and others answered questions for keqiao textile enterprises on site.
The target industries, such as light and heavy industries, clothing and textile and hydropower, are the most needed investment projects in myanmar at present, which will have a huge impact on increasing employment opportunities and improving people's livelihood in myanmar.
Myanmar Zheng Bida, secretary-general of China chamber of commerce for Chinese companies at the summit, said Burma is rich in land resources and labor resources, make its manufacturing industry rapid development, from the point of textile and clothing industry, the economic center of yangon surrounding gathered large textile and garment processing industrial zone, and having important coastal port resources outside of Rangoon Irrawaddy province raw industrial city, also will be put into use in 2019, will become Burma's textile and garment processing, printing and dyeing industries such as emerging concentrated area.
As an emerging textile industry in southeast Asia, myanmar attracts many gold prospectors.
"" since 2013, I have built three plants in yangon, myanmar, which produced 20,000 tons annually last year and exported to countries such as the United States." "
Xu jianjun, general manager of dahua chemical fiber co., LTD., said that labor-intensive enterprises are very suitable for setting up factories in myanmar, "where the workers only need 21 yuan for 8 hours, rich labor resources and preferential import and export policies, plus the vast market, is really a good place to invest."
As an important base of the global textile industry, keqiao is taking advantage of the situation to build a new high ground for opening up to the outside world and make every effort to build the international textile capital in the new era.
In December 2017, China textile city held its first overseas self-held exhibition -- the 2017 myanmar international textile exhibition was held in yangon, which opened an effective window for the interaction between the textile city enterprises and the myanmar textile and garment industry.
This year, the second myanmar exhibition - 2018 China textile (myanmar) brand exhibition will also be held again from dec 7-9.
"The increasing competition in the domestic market actually made me want to go to myanmar to explore new markets as early as five years ago. This activity strengthened my belief to go there for investigation after I learned about relevant policies."
Zhao honghua, the principal of houma textile co., LTD, said frankly that she has been operating women's fabrics in China textile city for more than 10 years, and this year's myanmar exhibition has registered early.
Recently, ke qiao successfully held the first world cloth trade conference in response to the "One Belt And One Road" initiative, which not only promoted the international cooperation of the textile industry, but also enhanced the international influence and discourse power of ke qiao textile industry.
A district leader, said a comprehensive understanding of Burma's current textile industry development, especially the insight into Rangoon, the Irrawaddy and other industrial agglomeration area investment environment of the factory, textile, printing and dyeing industry is one of the focuses of the KeQiao enterprise, hoped that both sides realize win-win cooperation, with all its strength to the construction of the "area" of the two countries.

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