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
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