Overseas Investment - Myanmar to set up Yangon Factory
2019/10/15 DELLYMyanmar has a population of 56 million. 65% of the country ’s population is under 30 years of age. Therefore, Myanmar is a vibrant and motivated country. Moreover, the Myanmar government is committed to promoting the democratized politics, which benefits of tax incentives or tax-free from countries around the world.
At present, the Myanmar factory initially plans to set up 60 sewing machines, specializing in the production of orders from American customers. The initial production is mainly gift bags, musical instrument bags, computer bags and sports bags. After local employees have skilled sewing machine technology, we will continue to produce bags with more complicated processes such as trolley bags, trolley backpacks, baseball backpacks, and military backpacks. We will continue to serve American customers and not be affected by the China-US trade war tariffs.
