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Myanmar trying to establish itself as a leading textile manufacturing hub

Related Keywords: boost economic growth, drawn manufacturers attention, establish as leading manufacturing hub, export earning, low cost production, Myanmar to expand textile industry, new national export strategy

With the change in the political scenario, Myanmar is trying to establish itself as a leading manufacturing hub. The ongoing quest for low cost production has drawn manufacturers' attention to the clothing industry in Myanmar.

Myanmar will expand its textile and garment industry under the country's new national export strategy as a means to boost economic growth, with the sector's export earning targeted at $2 billion for the 2015-16 fiscal year.

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