ACIMIT members put sight on Myamar

ACIMIT members put sight on Myamar

ACIMIT, the umbrella association of Italian textile machinery manufacturers, has taken part at the upcoming Myanmar Fabric and Garment Industry Show from March 15 – 18, 2013. It is a sort of fact finding mission to discover business opportunities with the local textile and garment sector

According to ACIMIT, Myanmar is a country of strong economic growth and particularly its textile and garment sector. Many western brands are evaluating the possibilities to use the country for their manufacturing operations, since the country is offering a strong competitive advantage combined with low production costs. Local manufacturers are affronting a competitive world and are focusing more and more not only on low cost labour but are looking for machinery capable to sustain ever increasing production levels.

Italian textile machinery manufacturers would like to make use of the opportunities offered in this phase of the countries transformation.

Sandro Salmoiraghi, President of ACIMIT stated: “The shift in production for many established global brands and important manufacturers in the industry coincides with a qualitative leap in the technological area of the local textile and garment sector. Although sales of Italian machinery in Myanmar are not yet significant, our attendance at the trade fair aims to establish a bridge from which to enhance the penetration of Italian technology in the market of Myanmar.

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