Myanmar’s forging manufacturing industry has been developed for many years, but its competitiveness in the international market is relatively weak and it needs to take some measures to improve its market position and competitiveness.
- Strengthen technology research and development
Technology research and development are the keys to maintaining the competitiveness of the forging manufacturing industry. Myanmar’s forging manufacturing industry needs to strengthen independent technology research and development, promote product upgrades, improve technological content, and enhance product competitiveness. At the same time, it should also strengthen cooperation with foreign high-tech enterprises, introduce advanced equipment and technology, and improve its own production processes and quality levels.
- Focus on talent cultivation
The current shortage of high-quality technical personnel in Myanmar’s forging manufacturing industry is one of the important factors that hinder its development. Therefore, Myanmar’s forging manufacturing industry should focus on talent cultivation, increase skill training efforts, continuously improve employees’ technical level, and adapt to rapidly changing market demand. At the same time, it should actively carry out apprenticeship programs and pass on industry expertise to future generations.
- Expand international market
Myanmar’s forging manufacturing industry needs to expand its international market channels, actively seek overseas customers, carry out cross-border cooperation, and strengthen international business expansion. It can expand corporate visibility and enhance industry influence through participation in domestic and international industrial exhibitions and other channels.
- Improve quality management level
Myanmar’s forging manufacturing industry should focus on quality and brand building, adopt strict quality management processes, strengthen product production process monitoring and quality inspection, ensure product quality stability and sustainability, and enhance market competitiveness.
Practical example:
The Qinglay-Jiangluo Railway in Myanmar is an important natural connection point between China and Myanmar’s economic corridors under the “Belt and Road” initiative. Railway steel rails, which are the core products with the highest technical content and business value for Myanmar’s forging enterprises, are important equipment for the “Myanmar Railway” project. Myanmar is rich in high-quality metal minerals and has strong technical reserves. It has established strategic cooperation relationships with Chinese enterprises, carried out deep cooperations in the “Myanmar Railway” project and other fields, fully played the key role of the forging manufacturing industry, and successfully magnified the economic effects of the “Myanmar Railway” project.
In conclusion, Myanmar’s forging manufacturing industry needs to strengthen technology research and development, focus on talent cultivation, expand international market channels, and improve quality management levels to achieve greater development prospects and greater commercial value in the international market.
