Feedback Here

fbook  tweeter  linkin  google
Global contents also translated in Chinese

Myanmar garment exporters to EU increase from 22 to 180 in five years

According to Aung Naing Oo, Director-General of Department of Investment and Companies Administration (DICA), the numbers of garment factories whose products are being exported to the European Union have increased by 180 within five years. In 2013, only 22 garment factories exported to EU but at present, the number has increased to 202, an increase by 180, primarily due to benefits brought about by the EU's Generalized Scheme of Preferences (GSP).

There were 24 factories: 22 garment factories exporting garment to the EU, one factory (non-CMP industry) and one factory (CMP industry) before the EU’s reinstatement of GSP rights to Myanmar in 2013. At the time, these factories created more than 23,000 jobs.

After Myanmar earned GSP rights beyond 2013, the number of factories of all kinds has increased to 305—202 garment factories, 26 factories (non-CMP) and 77 factories (non-CMP garment). These factories have job creating capacity of more than 300,000 jobs.

 

 
LATEST TOP NEWS
 
 
MOST POPULAR NEWS