MIC allows more foreign companies to invest in garment sector in Myanmar

Myanmar Investment Commission has granted permission to companies from China, Hong Kong, and Taiwan to do business in local CMP garment industry with 100% foreign investments, according to official data. A Hong Kong-based company and local B&N Garment Myanmar Company have been permitted to do their garment businesses in Hlaing Tharyar Industrial Zone (2) in […]

Hong Kong and China to invest in Myanmar’s garment industry

Hong Kong and China will operate garment enterprises under Cutting, Making and Packing –CMP system at industrial zones in Yangon, the commercial hub of Myanmar, according to the Directorate of Investment and Companies Administration-DICA. China-based Shanghai Donglong Feather Manufacture Company has cooperated with Dong Long (Myanmar) Garment company to carry out garment enterprises at Hlaingthayar […]