MYANMAR PLOTS ITS OWN BORDER TEXTILE HUB TO RIVAL THAILAND INDUSTRIAL ZONE MAE SOT
February 1st, 2016
THE MYANMAR government is pushing ahead with developing a textile and clothing industry hub at Myawaddy, just over the border from key Thailand manufacturing zone Mae Sot, which has prospered from access to cheap Burmese labour and Thai tax breaks.
This has long annoyed Myanmar government officials, who decided they wanted to build an industrial zone on their side of the border. The idea was floated in 2004, but investors were unwilling to put up factories due to an ethnic insurgency in the region and poor transport and energy services. Myanmar’s election of a ...
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