2016 Myanmar Textile Exhibition Fabric Exhibition Myanmar Machinery Exhibition

Exhibition name: 2018 Myanmar International Textile and Garment Machinery Exhibition Exhibition time: Year, month - day for the new president. Major political reforms include anti-corruption, currency exchange rates, foreign investment laws and the enforcement of tax laws. Foreign investment climbed from 100 million U.S. dollars in - to 100 million U.S. dollars in -, an increase of . Huge capital inflows have strengthened Myanmar's currency and the kyat has grown.
In response to the situation, the government has also relaxed import restrictions and lifted export taxes. Despite the current currency problems, Myanmar's economy is still expected to grow in 2020. After the completion of the Dawei deep-water port built at a cost of 100 million U.S. dollars, Myanmar is expected to become an important trade hub connecting Southeast Asia and the South China Sea to the Indian Ocean via the Andaman Sea, where it will receive goods from the Middle East, Europe, Africa, etc., accelerating Development of the Association of Southeast Asian Nations region.
In order to prepare for potential investors and foreigners to set up offices or factories in Yangon in the future, there is an urgent need to build hotels, office buildings, residences and apartments to accommodate investors. Therefore, it is foreseeable that the construction industry will flourish in the next ten years, and the demand for building materials will grow exponentially.
The most exciting thing for investors is that the government announced that investors will enjoy tax exemptions for 2019.
The industries with better prospects in Myanmar are textiles, building materials and other industries. Myanmar's textile industry relies on locally produced cotton. The current cotton output in Myanmar for the current season is estimated to be 10,000 tons. Although most of them are of very poor quality, Myanmar is implementing a policy to increase cotton production by expanding cotton planting area. There were approximately three textile factories in Myanmar in 2016, at least one of which was invested by Hong Kong and Korean companies, and most of their products were sold to the United States. President Bush of the United States revised the original U.S. sanctions against Myanmar in March, prohibiting the import of any products from Myanmar, including textiles. As a result, well-known international garment brands such as R, Br. The outlook for the textile industry, a key product of Myanmar's economy, has been clouded. In recent years, due to rising wages in mainland China and other factors, many manufacturers have moved their factories to emerging countries such as Myanmar and Cambodia where wages are relatively low. Myanmar began to implement reform and opening up in 2016, which is an excellent opportunity for Taiwanese businessmen who want to invest there.
Exhibition scope:
Textiles: synthetic fiber fabrics (woven/knitted), natural fiber fabrics (woven/knitted), yarns and fibers, fancy finishing, home textiles, quilt covers, blankets, accessories Bed linen fiber, monofilament and raw material webbing, buttons, needlework, embroidery, artificial diamond accessories, ribbons, badges, rubber trim, buttons, zippers, etc.? Textile machinery: various garment-making machinery and equipment, sewing machines, sewing machine needles, sewing machine motors, knitting machines, button machines, eyelet machines, sock knitting machines, computerized knitting machines, cloth inspection machines, needle inspection machines, strapping machines, Cloth spreading machines and spreading tables, ironing equipment, zipper making machines, computer color matching systems, computer-aided design, inspection and quality control equipment, packaging equipment, safety equipment, etc.
Accessories: zippers, buttons, tags, fasteners, ribbons, badges, lining/, gifts, beads, patterns, lace, embroidery, woven rhinestone accessories, shoulder pads, branded tape, rubber bands, belt buckles, needles and thread, knife/scissors grinding machinery
General agent in China: Shanghai Aiweike Exhibition Service Co., Ltd. - :r
Contact person: Miss Wang Tel: - Fax:
Mobile email: @ 3
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