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 Industrial Zone-4, Jiangsu Solamoda Garments Group at Shwe Than Lwin Industrial Zone in … [Read more...]

Sixteen companies granted to operate the garment industry with CMP system

Sixteen companies have been granted permission to operate garment industries with Cutting, Making and Packing – CMP system during five months of this year, according to the Directorate of Investment and Companies Administration (DICA). Those companies will cooperate with not only local entrepreneurs but also other businessmen with the foreign investment assistance. Moreover, local MK Company has agreed to cooperate with Thailand and Japanese-based Wacoal Company to operate in the garment … [Read more...]