doing business in myanmar – what you need to know as a singaporean
The government will cooperate with Myanmar Fisheries Federation (MFF) in reforming the current fish farming system in fishery sector, said Yangon Region chief minister Phyo Min Thein.
He blamed little profit for results from conventional farming and called for better services in transporting fishery products through cold storage factories.
The chief minister said the government was coordinating a project with MFF so that Yangon Region could become a model in fishery sector. The project would start in accord with the instruction of the union government, he added.
Yangon has about 80,000 fish farms and half of them are running without licenses. But, coordination is being sought with the union government to take action against them.
Phyo Min Thein said under the farmland law enacted in 2012, illegal use of land could face both fine and prison sentence.
“At a time when the industrial sector improves, we will have to import raw materials if we cannot develop the agriculture sector,” the chief minister commented.
Source: Eleven Myanmar
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