Burma'S Textile And Garment Industry Is Facing Difficulties In Attracting Foreign Capital.

< p > < a target= "_blank" href= "http://www.91se91.com/" > creating large amount of foreign exchange and employment opportunities > textile > /a > a target= "_blank" href= "target=" > clothing industry < < > > industry is highly expected by Burma industry. However, recently some comments from international industry indicate that Burma textile and garment industry still needs to face a series of challenges to become a pillar industry to stimulate economic growth. < /p >
< p > Burma, as a newly made garment manufacturing country, has the advantages of low labor costs, abundant labor force and tariff free and quota free exports to the EU. In addition, the technical support provided by the Japan Trade Promotion Council and the Ministry of industry and Commerce and the consumption scale of 60 million of the domestic market in Burma have also become an important factor supporting the development of the industry. Win Aung, chairman of the Burma chamber of Commerce and industry, said that the EU's GSP and the EU's suspension of sanctions against Burma both helped the development of the garment industry in Burma. In addition, Burma is one of the 10 member countries of ASEAN. When the ASEAN economies are fully completed in 2015, Burma will share with other member states Brunei, Kampuchea, Indonesia, Malaysia, Laos, Philippines, Singapore, Vietnam and Thailand 600 million consumer market and consistent tariff preferences. < /p >
< p > however, the objective factors such as the unrest of Burma's migrant workers and the backwardness of the industrial facilities will still restrict the development of the industry. In a report on its 2013 human rights risk, Maplecroft, a British business consultant, pointed out that although Burma has undergone reforms in the past year and a half, Burma's risk profile remains "very high" in the eyes of foreign investors. The labour law, which was implemented in October 2011, allowed workers to strike and organize trade unions. Workers clearly realized that the time had come to improve their wages and working conditions. According to the Burma times report, on May 1, 2012 ~7 30 workers in 70 garment factories went on strike for higher wages and better working conditions. At the same time, even though the Burma clothing trade union has set up training centers and technical schools, it is still a problem to find and retain skilled garment factory workers in Yangon. Garment factories complain that once trained workers become skilled technicians, they will leave the factory to the Thailand border for higher treatment. < /p >
Another reason for the weak competitiveness in the global market of "P" > Burma a href= "http://www.91se91.com/news/" > garment manufacturing > /a is that the quality of productivity is still lower than that of Vietnam, Kampuchea and Bangladesh. At the end of last year, the Yangon Electricity Supply Bureau announced that from January 1, 2013, several industrial areas in Yangon will be blackout from 4 p.m. to 11 p.m. All textile mills and almost all garment factories must have their own diesel generators to supplement their electricity. According to the survey, the total cost of electricity in Burma garment factories is about 30%~40% of the total labor cost. The most serious reason is that the textile machinery and equipment are accelerated depreciation due to voltage instability. < /p >
< p > except kenaf and jute, < a href= "http://www.91se91.com/news/index_c.asp" > cotton < /a > is also one of the main crops in Burma. However, due to the backwardness of upstream industry facilities, it is necessary to import investment to support the rapidly expanding export garment industry. The industry appealed that in order to attract investment in the spinning and dyeing and finishing industry, the industrial a href= "http://www.91se91.com" > washing equipment < /a > and the production of accessories and packaging materials should formulate specific incentives or adjust import tariffs. Since April 1st this year, the Ministry of Commerce of Burma has approved all import / export free import / export licences, becoming the first step for the government to promote industrial development. < /p >