Monday, August 27, 2012

Myanma Agriculture Aspects

Naturally,investment in the agriculture is uncertain to gain profits as it is depending on the weather.But,as the world has seen bigger problem of food security,some big companies are interested doing investment in the sector despite risks its.
Meanwhile,the agriculture sector of Myanmar is cheered as the Window to the World as the country possesses favourable conditions to be able to reclaim its status of the world's biggest rice exporter in the 1960s.
Myanmar is an agro-based country and has about 8 million hectres of virgin land and the big river such as the Ayeyawady,Sittoung,the Thanlwin and the Chindwin are flowing in the country.It is the greatest asset of Myanmar.
(Now) the agricultural sector of Myanmar is attractive because of the chance of applying new technology,and mechanization improving the productivity and all this will have to be done in next five years in this country.The chance is now better,improved,higher quality agriculture.
To improve the agricultural sector,the key word is growing quality strains of crops and mechanized farming.At the same time,to improve the socio-economic status of the farmers,emphasis should also be placed on establishing cooperatives of farmers to be able to distribute quality seeds,fertilizers,pesticides and running micro-credit scheme smoothly.
Therefore,Myanmar Rice Industry Association formed on 26th August 2012 Myanmar Agri-business  Public Corporation Limited successfully.
The objectives,goals & aims are to stand successfully as the most vibrant,dynamic and profitable public corporation in Myanmar.
 To develop and sustain agribusiness activities so as  to ensure prosperity for all stakeholders in the interests of national food security and rapid economic development.
To implement private sector led development in agriculture and agrobased industries.
To develop and improve infrastructure and logistics with regard to economic development of Myanmar.
To be a market leader in Myanmar and in global marketplace.
Therefore,we have to watch MAPCO that it can be vanguard of agriculture and agribusiness sector.

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