Having steadily increased its share of Myanmar-made shoes yearly production to almost one million pairs, the company is now operating a new shoe factory in the northwest of Yangon together with Taiwanese partner Mountain Top Global Ltd.
German shoe manufacturer Caprice has expanded into Myanmar having invested in a state-of-the-art factory site.
Having steadily increased its share of Myanmar-made shoes yearly production to almost one million pairs, the company is now operating a new shoe factory in the northwest of Yangon together with Taiwanese partner Mountain Top Global Ltd.
Jürgen Cölsch, managing partner of Caprice, said, "Due to increasing sales figures and continuing relocations from other production countries, we plan to gradually raise the production volume in Myanmar by 2024 to two million pairs of high-quality leather shoes every year.
"The newly-created factory will produce up to 150,000 shoes per month, and is equipped with state-of-the-art machinery and production facilities.
According to a press release, "Caprice shoe technicians train the newly hired factory workers on-site and in live video conferences from Germany to Myanmar. Caprice participates financially and organizationally in the $6 million project, which had a construction period of two years."
Cölsch continues, "It is particularly important for Caprice and our partners in the respective production locations that we always follow European standards when planning new production facilities. With our daylight-flooded production halls in Myanmar, which meet the highest safety requirements, we offer highly attractive working conditions in the emerging developing country. With the voluntary establishment of an employee representation we make a further contribution to the local socio-economic development."
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