drafting a national textile policy for the development of
domestic textile sector, according to the ministry of
planning, finance and industry. The drafting process was
initiated in January 2018 and the first stakeholder meeting
was held in January last year involving relevant ministries,
private organisations and textile businesses.
The policy is being drafted with the help of German
government’s development organisation GIZ.
It will include action plans, road maps, laws, rules and
procedures, infrastructural development,creation
of a business environmentthat
encourages local and foreign investment, manufacturing of
value-added products, socio-economic development,
technological acquirement, market competition, easy external
trade and strengthened economic cooperation, according to a
report in a Myanmarese newspaper.
Myanmar is also implementing a National Export Strategy
(NES), under which there will be measures like transition of
cut-make-pack (CMP) garment system into free on-board (FOB)
system, adoption of bonded warehouse system and
establishment of specialised textile and garment zone for