MoLIP Deputy Minister joins coordination meeting of Myanmar CMP Supervisory Sub-committee

Myanmar CMP (Cutting, Making, Packaging) Supervisory Sub-committee held its coordination meeting yesterday in Nay Pyi Taw.
Deputy Minister U Win Shein of the Ministry of Labour, Immigration and Population, in his capacity as Chairman of CMP Supervisory Sub-committee, said the committee would release an order to form groups to survey CMP processes of the country if the officials raise a proposal to do so. There are various types of CMP across the nation. So the committee members should carry out their duties carefully in their respective sectors.
Many factories temporarily or permanently closed due to a shortage of raw materials, orders, and other cases like losses. They also reduced the labour force while others resumed the operations. The CMP based on the labour forces, and so there are many job opportunities.
According to the Myanmar Garment Manufacturers Association, the Deputy Minister continued that about 400 garment factories applied for import licences, including the ones directly involved at the Ministry of Planning and Finance. He then talked about the foreign orders from European Countries, supply chain and banking services being carried by the OSS under the instructions of the Yangon Region Administration Council.
He also stressed the need for the garment sector in order to shift from a CMP model to an FOB (Free-On-Board) model and inspect whether the addresses of CMP are correct, whether CMP is being implemented systematically, and whether they receive orders, raw material imports, the labour force, exports, rejects, inventory and reports on the inspections. Then, the reports should be submitted to the Myanmar Investment Commission with the approval of the CMP subcommittee.
Then, the attendees to the meeting coordinated the discussion, and the Deputy Minister gave the necessary instructions. – MNA

Share this post
Hot News
Hot News