Myanmar is set to host the Zhejiang International Trade Exhibition led by China in Yangon this December. The exhibition will showcase 25 Chinese apparel brands and over 100 manufacturers, garnering support from Japanese and South Korean trade associations.
Tadaki Kawae, Advisor to the Japan Garment Manufacturers Association, notes approximately 70 per cent garment factories in Myanmar are owned by international companies. The Japan Garment Manufacturers Association is dedicated to generating 600,000 new jobs in Myanmar.
The Myanmar Garment Manufacturers Association records 330 registered Chinese-owned companies, surpassing the numbers from South Korea (70) and Japan (20). Despite this, global fashion giants like H&M and Zara have already halted their sourcing from Myanmar due to allegations of labor law violations.