YANGON -- Clothing brand Gap announced June 7 that it has become the first major U.S. garment retailer to start production in Myanmar since Washington eased sanctions against the country in July 2012. Local industry leaders welcomed the move as a significant step in the revival of foreign investment in a key sector for the economy.
Myint Soe, chairman of the Myanmar Garment Manufacturers Association, said Gap's arrival would "help to bring Myanmar to the attention of other Western businesses."