US$400 million Chinese investment proposed for 33 agricultural extension centers

Myanmar’s Agribusiness Public Corporation (MAPCO), the Myanmar Rice Federation (MRF) and the China CITIC Construction Group submitted a US$400 million proposal to Myanmar Investment Commission (MIC) to construct the 33 agribusiness service centers in states and regions. “We will construct the 33 agribusiness service centers as soon as possible,” said Dr. Soe Tun, the MRF […]

Plans for new rubber plant discussed in Thaton Township

Ministry of Industry and Thaton Township officials discussed plans to build a new rubber manufacturing plant in the Mon State, according to a report Myawady Daily newspaper. The plan for the No. 21 Heavy Industry Tyre and Rubber Factory – including the need for agricultural land leases, new manufacturing methods to produce good quality rubber […]

Japan constitutes nearly half of FDI in Thilawa SEZ

Japan has put investments of US$468 million into Thilawa Special Economic Zone (SEZ) so far, accounting for over 43 per cent of total foreign direct investments, according to Myanmar Japan Thilawa Development Limited. Thailand was second with FDI of over $130 million. The manufacturing industry attained the highest FDI of over US$773million, followed by the […]

Taking aim at China’s fertiliser dominance

The price of Chinese-manufactured fertiliser has increased significantly in the last few months, with traders blaming a weakening kyat and increasing transportation charges. Since the beginning of March, the market cost of 1 yuan has gone from K156 to about K180, while transportation costs between the fertiliser factories and the Muse border gate has gone […]

Illegal imports of fertiliser, electronics seized en route from China

More than 1,000 bags of fertiliser and thousands of handsets, TVs, DVDs and other electronics that entered Myanmar illegally from China were seized by a mobile investigation team on January 24. The illegal goods were found in a convoy of 17 trucks coming from China along the Mandalay route. A mobile team seized the illegal […]

Japan’s technology sought to turn Myanmar into major rice exporter

Myanmar agricultural experts are eager to use a Japanese fertilizer that could help them grow better rice and significantly increase output, if only their farmers could afford it. After the experts studied the fertilizer manufacturing process during a visit to Katakura Chikkarin Co.’s plant in Chiba Prefecture on Aug. 25, they said they wanted Japan […]

Japan key to helping Myanmar farmers

Myanmar agricultural experts have expressed amazement by a high level of fertiliser produced in Japan, saying that if Myanmar farmers could afford to use such fertiliser, rather than the China-made one they currently use, they could significantly increase rice output and produce rice of higher quality. When the experts watched fertiliser manufacturing process during a […]