Once the rice bowl of Asia, even today, agriculture continues to be a vital contributor to Myanmar’s economy.The sector provides employment to about 53 percent of the country’s labor force and is a source of livelihood for about 70 percent of the rural population.It also contributes almost 38 percent of the country’s gross domestic product, […]
Contract farming launched in four districts of Sagaing
December 13, 2018 by
Four districts in the Sagaing Region — Sagaing, Shwebo, Monywa, and Yinmabin — are permitting contract farming for production of crops and seeds, said U Than Zaw Oo, the Secretary of the Sagaing Region Investment Committee. “In order to cultivate perennial crops and establish large plantations, investors can rent land by entering into long-term contracts […]
Foreigners can now trade in Construction Materials, Hospital Equipment, Fertilizers, Seeds and Pesticides without having to JV with Myanmar citizens
June 26, 2017 by
Subscribe to our tender alert mailing list Under Ministry of Commerce Notification 36/2017 foreign-owned companies can now trade, import, wholesale and retail the following items: Construction Materials Hospital Equipment Fertilizers Seeds Pesticides Previously only local Myanmar companies and foreign JV were allowed to be engaged in the above sectors. Under the new government we are […]
Myanmar sees boost in private investment in agriculture
January 13, 2017 by
Investment in agriculture by private companies is increasing in Myanmar, raising expectations that the modernization of the sector will progress at last. Myanmar Agribusiness Public Corp. (Mapco) has built a large rice mill in a bid to boost exports of rice, while Myanma Awba Group has launched a project to build an agricultural chemical factory. […]
DuPont sets sights on Myanmar agriculture
June 12, 2013 by
DuPont, the Delaware-based chemical company, will start providing agricultural assistance to Myanmar in the fourth quarter after it opens its first office in the country. Rajeev Vaidya, DuPont’s president for Asean and South Asia, said once the office is set up, products can be distributed to farmers right away such as crop protection chemicals and […]
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