The companies will invest USD $ 24 million in CMP garment and bag making business in industrial zones in Yangon Region

Companies will engage in CMP garment and bag making businesses in industrial zones in the Yangon Region including Thilawa Special Economic Zone by investing nearly US$24 million, according to the Yangon Region Investment Committee. 

Fineline Company Limited (Hong Kong) will invest US$2.087 million in CMP bag making in Thilawa SEZ; Genesis Myanmar Garment Co Ltd US$4.285 million in CMP bag making in East Dagon Industrial Zone; South Frame Myanmar Limited, Estonia US$0.852 million in making photo frames; Myanmar Journey Bags Co Ltd (Hong Kong) US$1.622 million in CMP bag making in Wataya Industrial Zone; Kai Sheng (Myanmar) Industrial of Taiwan US$0.911 million in CMP bag making in Shwepyitha Township; Jiangsu Soho (Myanmar) Garment Company Ltd (China) US$1.2 million in CMP garment business; Si Yuan  (Myanmar) Co Ltd (Hong Kong) US$0.906 million in CMP garment business in Hlinethaya Township; Sunrise (Myanmar) Fashion Co Ltd (China) US$4.5 million in CMP garment business in Thadukan Industrial Zone; Ziran Non-Woven (Myanmar) Company Limited (Hong Kong) US$2.9 million in producing and exporting polyester fibres in Industrial Zone (4) in Shwepyitha township; Allland Fashion Limited (China) US$1.002 million in CMP garment business in Hlinethaya Industrial Zone; and some other Chinese and Taiwanese companies in CMP garment businesses in some industrial zones. 

The latest investments approved by the committee will create 8,920 local jobs.   

(Eleven Media Group: https://elevenmyanmar.com/news/companies-to-invest-24-m-in-cmp-garment-bag-making-in-yangon )

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