Over 30 more factories in Yangon file for close-down

Over 30 more factories in Yangon file for close-down
An industrial zone seen in Yangon Region
An industrial zone seen in Yangon Region
Published 7 December 2020
Hsan Htoo Aung

Yangon Region has over 30 more factories that have filed for closures, said Moe Moe Su Kyi, Region Minister for Immigration and Human Resources. 

“Factories have filed to close down for various reasons. Over 30 or 40 factories have filed for closures at the Directorate of Investment and Company Administration (DICA). I am saying about estimated lists as we have not received exact lists. There may be more,” the minister said.

From January 1 to July 31, there were 173 factories in Yangon Region that had shut down, closed temporarily or laid off workers. Consequently, 41,395 people were unemployed, she added.

The General Labour Law Inspection Department has dealt with labour benefits such as wage and salary and earned leave in relation to those 173 factories. If complaints arise, township coordination and negotiation teams will handle such cases under the Settlement of Labour Dispute Law enacted in 2012, the minister said.

On September 23 also, the minister said in the second wave of the Covid-19 outbreak, over 220 companies had filed shut down, close temporarily or lay off workers as of the end of that month. 

She said labour cards would be issued to the laid-off workers so they could be prioritized if other factories need new employees.