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| To enhance Thai garment manufacturers' competitiveness, the GMAC has proposed to establish a fashion product development center. Shown is the production facility of Thai garment manufacturer VT Garment. |
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Thailand's garment industry has been recently facing fierce competition from other countries in Asia. Because of this, the Thai manufacturers are finding ways to enhance their competitiveness, and one of them is to set up a Fashion Product Development Center and to develop the country as a fashion center in the ASEAN region.
According to the Thai Garment Manufacturers Association (GMAC), it has proposed to the government to set up a Fashion Product Development Center to focus on research and development, offer workshops for pattern-making, sewing and fitting technologies, and serve as an experimental laboratory for the Thai business operators.
Sukij Kongpiyacharn, President of the GMAC, adds that probably there may not be new investment in Thailand's garment industry over the next three to five years, as investors will shift their attention to neighboring countries due to the country's rising production costs.
He also warns that Thai garment exports will record zero growth in 2012 largely because of the declining global economy.
In the first 11 months of 2011, Thailand's garment exports reached US$3.011 billion, which represented a slight year-on-year increase of 3.45%.
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