Myanmar: The Next Cheap Sourcing Frontier

Strengths:

• Ultra-Low Labor Costs – $60-$80/month wages.
  
• EU GSP Benefits – Duty-free to Europe.
  
• New Factories – Chinese & Korean investors setting up.

Key Considerations:

• Best for: Only if you accept high risk for ultra-low costs.
• Watch out for: Supply chain audits (avoid military-linked factories).
• Emerging Trend: Some brands exiting due to human rights issues.