Myanmar livestock and fisheries attract foreign investment

22 August 2020
Myanmar livestock and fisheries attract foreign investment
Photo: MNA

Myanmar’s Directorate of Investment and Company Administration says the country’s livestock and fisheries sectors have attracted four foreign investment projects and one domestic business so far in the current financial year 2019-2020, according to the Global New Light of Myanmar.

According to the report, those businesses brought in around US$30 million, including the expansion of investments by the existing joint ventures. The ventures include broiler chicken farming, production, processing and marketing of all kinds of poultry feed, broiler hatchery, production of shrimp, freezing, and cold storage.

A total of 16 countries are invested in the livestock and fisheries sector. Thailand has topped the list of investments among them, with over $380 million in 18 enterprises, followed by Singapore with over $129 million in 14 enterprises.