The 1st International Exhibition & Conference On Textile & Garment Industry For Myanmar
Hosted by Minh Vi Exhibition & Advertising Service Co., Ltd (VEAS) and supported by Myanmar Ministry of Industry, Vietnam Textile & Apparel Association and Myanmar Garment Manufacturer Association.
As the second largest country in South East Asia, Myanmar has been recognized having a great potential growth especially in textile & garment recent years. Currently, Myanmar has the lowest minimum wage and average payout when compared with key garment hubs like China, Thailand, Cambodia, Vietnam and India. Competitive pricing is one of the key factors governing business decisions in the garment industry and, as labor costs contribute about 15% to 20% of the total garment cost, will directly help Myanmar to edge out other garment manufacturing hubs.
Myanmar with economic growth rapidly - 2015 increased by 8.7% growth, attracting investment in Myanmar in 2015 reached 1.7 billion USD. As for the textile industry, exports to Myanmar in recent years continued growth. In 2014 reached $ 1.5 billion, $ 1.7 billion in 2015 and 2016 is expected to reach $ 2.2 billion. Total GDP is $ 15.088 billion. Of which export to the EU countries increased by almost 40%. The main export markets of Myanmar's textile industry in Japan and South Korea and 33% in the EU and at 25%, the United States and China with 2.4%.
It is expected that the scale of this exhibition has the scope of 2,000 square meters, welcoming 50+ exhibitors worldwide and approximately +3,000 trade visitors & professionals. It will also serve as an ideal platform for international brands to enter the Myanmar Textile & Garment industry market, provide businesses and trade development opportunities for enterprise participating in the exhibition, creating a platform that brings domestic and international enterprises in the textile & garment related industries together for business cooperation, exchanging information, as well as catching up the new and advanced technology and products from around the world such as Germany, Italy, Switzerland, Korea, Malaysia, Vietnam, Thailand, China, Taiwan, Indonesia, Japan, India, Pakistan, Myanmar, etc.
Myanmar Gar-Tex Expo 2017 will be a great chance for local and international enterprises to set up business network among decision makers and professionals in the industry.
For more details, please contact:
Minh Vi Exhibition & Advertisement Services Co., Ltd
8th Floor, Room 805, Ha Do Airport Building, 02 Hong Ha Str., Ward 2, Tan Binh Dist., Ho Chi Minh City, Vietnam.
Tel: (+84) 8 3848 8561 - Fax: (+84) 8 3848 8564
Ms. Ann Lai
Cell: 0972 991 544
Building No.118, Room No-201/B, 2nd Floor, Yae Tar Shae Old Street, Yae Tar Shae Ward, Bahan Township, Yangon, Myanmar.
Tel: (+95) 1 152 931 - Fax: (+95) 9 420 025 684
Cell: 0942 0025 684
For media cooperation:
Cell: 0128 9814 933