Chinese investors have big plans to increase garment production at several industrial parks near the city of Pathein in western Ayeyarwady Region

7 Jan 2019
Chinese investors have big plans to increase garment production at several industrial parks near the city of Pathein in western Ayeyarwady Region

The garment industry seems poised to boom in Ayeyarwady Region, with a company developing an industrial park near Pathein signing a contract with a Chinese firm that plans to build 50 garment factories within two years.

The new factories would dramatically expand the town’s nascent manufacturing sector, which has for several years been attracting interest from local developers keen to set up industrial parks.

The Ayeyarwady Development Public Co Ltd said it has signed the contract with Hong Kong-based China Textile City Network Co Ltd. It’s the first commercial agreement ADPC has signed since it began preliminary work six years ago on Pathein Industrial City, which covers nearly 3,000 acres (about 1,200 hectares) on a site next to the Pathein River in the regional capital.

ADPC was established by Yangon-based conglomerate Ayeyar Hinthar in 2012 to develop the industrial park, which received Myanmar Investment Commission approval in late 2016.

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