December 09, 2016

Breaking News

Efforts to be made to fulfill up to 1million labour requirements in garment sector

Workers seen on the production line of a garment factory in Yangon.
Workers seen on the production line of a garment factory in Yangon.

The concerted efforts will be exerted to fulfill the requirements of labour force in garment sector, it is learnt from garment enterprise.
The garment sector is likely to grow five times more than its current status and employ between 300,000 and 1 million labourers by 2024, officials said. Exports from the garment sector earned nearly US$1.7billion last year.
The entrepreneurs who are engaged in the garment sector are making a concerted effort so that the garment export value reaches US$10billion by 2024. Japan, Europe and South Korea are the main export markets of Myanmar’s garment enterprises. The garment export could possibly penetrate America’s market, said U Soe Thaw, a garment entrepreneur.
There are over 400 garment businessmen in the Myanmar Garment Entrepreneurs Association. The awareness campaigns concerning the rules and regulations of the garment enterprise are being carried out.
Myanmar’s garment sector is expected to earn US$2billion in this fiscal year 2016-2017.

 

200

Comments

Related posts

Translate »