Labour costs 80% cheaper in Myanmar
14/03/2014
Mr Chung has been quoted in media in China as saying he has agreement from the manufacturers, each of whom will invest between $2 million and $3 million in the new venture. He said one of the main attractions for these investors is that labour costs will be around 80% cheaper than current levels in mainland China.
He said construction work should begin midway through 2015 and production start before the end of next year.