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Hong Kong becomes the largest source of foreign investment in Myanmar’s garment manufacturing industry



Hong Kong has become the largest source of foreign investment in Myanmar’s garment manufacturing industry According to Myanmar’s “Golden Phoenix News” repor…

Hong Kong has become the largest source of foreign investment in Myanmar’s garment manufacturing industry

According to Myanmar’s “Golden Phoenix News” report on March 28: According to the Myanmar Investment Company Bureau, this fiscal year (April 1, 2015 to March 31, 2016), Myanmar’s garment manufacturing industry attracted a total of 10 foreign investments. billion, of which Hong Kong, China invested US$700 million, making it the largest source of investment in this field. In this regard, the Myanmar Garment Manufacturing Association stated that foreign-invested garment manufacturing industries have advanced machinery and equipment and complete hardware facilities. They have more advantages than local garment factories in Myanmar and win more markets. Hong Kong has become the largest source of foreign investment in Myanmar’s garment manufacturing industry

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