CMP garment export brings in over $4.7 bln in 11 months of this FY

CMP garment export brings in over $4.7 bln in 11 months of this FY

CMP garment exports generated over US$4.7 billion income abroad during the first 11 months of the 2022-2023 financial year, according to the statistics of the Myanmar Garment Manufacturers Association.

Garment factories operating under CMP system were able to export to foreign countries from April 2022 to February 2023 of current FY.

Garment industries in Myanmar are run by local entrepreneurs, China, South Korea, Japan and Thailand. Myanmar exports products of these industries to China, Thailand, Singapore as well as European countries.

Deputy Minister for Labour U Win Shein, at the garment factories in Shwelinban and Shwe Thanlwin Industrial zones in Hlinethaya township on 13 January, said that being factory managers, they have to understand that the capacity of skilled workers is the primary factor for timely export of products. He urged them to build fair relationship with workers and employees, must observe and practise the workplace regulations.

The garment industry is the major source of job opportunities and emphasizes the producing skilled workers. Employers and employees stand to benefit through mutual interests. Employees must remain committed to their business, he said.

According to the deputy minister, the ministry is responsible for issuing national-level employment certificates that recommend their skill levels. To achieve this, assessment centres would have been set up in garment factories run with significant number of workers, in collaboration with partner ministries, to evaluate their skills without interrupting their work procedures, he added.

Now, there are a total of 738 factories operating throughout the entire country including 505 garment factories, 48 shoe manufacturing factories, 8 wig factories, as well as 117 factories involved in bags, sportswear, sports shoes, and socks. All of these enterprises are running their operations in compliance with the rules and regulations.

TWA/KZL

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