Myanmar

Tuesday, 05 May 2015

The secretary of the Myanmar Garment Manufacturers Association (MGMA) says that the country opened one new garment factory every week in 2014. MGMA leaders say that foreign buyers are being attracted to the country thanks to economical wages, a plentiful labor supply, and that numerous buyers driven out of Bangladesh by safety and compliance concerns now have their eyes on Myanmar. It’s estimated that Myanmar is now home to over 300 factories employing over 200,000 people and the MGMA has plans to up the number of factories to 3,000 by 2025. (Nation Multimedia)

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