Friday, December 14, 2012
A Japanese glove factory is currently under construction just outside the Bago city, which is located 60km north from Yangon, sources reported.
Being next to a large Korean garment factory ‘Myanstar’, the factory is on the Nyaung Inn Junction of busy Yangon-Mandalay road and Nyaung Inn-Tike Kyi road.
It is a full percent foreign investment, and its construction started in the summer (around April), a local said.
He also added that a group of Chinese businessmen recently visited the land beside the factory, in order to invest a food stuff manufacturing company.
Source: Eleven Media
Posted in: companies,industries,investment,markets,reports
