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Related Keywords: Bago region, equipped to produce raw materials, finished products in a single place, into a Specialized Textile and Garment Zone, Khin Maung Cho, land located in Shwe Taung, machines, manufacture high quality products, Myanmar Garment Association, Myanmar union minister for industry, plans to develop, sector needs foreign investment, STGZ

The Myanmar union minister for industry, Khin Maung Cho plans to develop the 127 acres of land in No.1 Garment Factory located in Shwe Taung, Bago Region, into a Specialized Textile and Garment Zone (STGZ) where goods will be produced that meet international standards.

The project will be divided into two phases. As part of the first phase, the ministry is working with a Japanese company to do a feasibility study. The second phase will involve the development of 127 acres of land into STGZ.

Related Keywords: Bago region, Chinese firm, garment factory, jobs, Lat War, Ministry of Industry in Yedashe Township, Myanmar Investment Commission, rental basis, Sumec Textile, Yaene paper factory

Sumec Textile & Light Co Ltd, the Chinese firm in cooperation with local firm Lat War to take the former Yaene paper factory on rental basis to set up a garment factory which will give jobs to thousands of people in Bago region.
 
The paper factory will be taken on rent from the Ministry of Industry in Yedashe Township, Bago, Dr Khin Maung Aye, the managing director of Lat War Garment Company. This project will involve a total investment of around US$20 million (Ks 19.46 billion).