A trade mission to visit Myanmar garment factories is taking place in March

A trade mission to visit Myanmar garment factories is taking place in March

European brands and retailers are being invited to join a trade mission to Burma/Myanmar in March to learn more about importing garments from the country and making contact with potential suppliers.

The visit, which is part of the EU-funded SMART Myanmar project, will also provide an opportunity for Myanmar's manufacturers to learn more about the requirements of doing business with European brands, just-style has been told. 

Currently, companies from Germany, France, the UK and the Netherlands are signed up to join the trade mission to Yangon from 22-27 March, but places are open to all EU garment buyers and investors seeking to do business with Myanmar.

However, the number of participants is limited to 20 companies, with registrations considered on a first-come first-served basis. The deadline for applications is 31 January.

The trade mission is being organised by the Confederation of the German Textile and Fashion Industry (t+m) as part of the EU-funded SMART Myanmar project - SMEs for Environmental Accountability, Responsibility and Transparency - which aims to build the sustainable recovery of the Southeast Asian country's garment industry.

Its goal is to provide insight into the industrial capacity and growth prospects of the Myanmar garment sector, through organised factory visits in Yangon as well as a one-day information event with B2B networking forum. Participants will be provided with an overview about the Myanmar garment industry and will receive detailed company profiles of potential business partners.

The visit is primarily aimed at small and medium-sized firms looking to source men's, women's and children's outerwear and underwear from Myanmar, including jackets, coats, trousers, shirts and blouses, skirts, sportswear, T-shirts und polo-shirts, bodywear and loungewear.

The local industry is mainly focused on CMT (Cut, Make and Trim) production, although some makers have successfully moved to OEM. FOB-business usually runs via agencies located in neighbouring countries. Textile production is currently still underdeveloped, so input materials have to be imported.

The situation is expected to improve significantly in the coming months through the introduction of an export credit offer.

Myanmar's garment sector currently consists of around 300 companies with some 150,000 workers. Garment exports exceeded the US$1bn mark in 2013/2014 and account for about 10% of the country's overall exports. For European importers there is the added benefit of GSP+ duty-free trade preferences.

Participants on the trade mission are required to cover all costs of travel, accommodation and meals, but local transportation and interpreters will be provided.

Click here for the registration form and other details.