Agricultural Business and Trade Opportunities in Myanmar

With a view to develop agriculture, the Ministry of Agriculture and Irrigation, in line with the market oriented economy, is undertaking necessary measures to maximize private domestic participation, to attract foreign investment and accelerate growth and development. The local and foreign entrepreneurs are invited to invest and establish mutually beneficial trade and business in the form of Joint Venture or 100% investment in the followings area:---

• Land utilization
• Establishment of Agro-based industries
• Assembling and manufacturing of light agricultural machinery and small farming implements
• Manufacturing of agricultural inputs and related support products
• Trading of agricultural commodities, input supplies and machineries

LAND UTILIZATION
The Central Committee for Management of Culturable Land, Fallow Land and Waste Land, which was formed in 1991, grants approvals to both local and foreign investors with the expertise, technology and capital who desire to invest in agricultural undertakings in Myanmar. The Central Committee’s approval of up to the maximum of 5,000 acres, allows these investors to cultivate or utilize cultivable land, fallow land and waste land for agricultural purposes as bellow:---

Agriculture

1) for Plantation Crops 5,000 acres
(e.g. Rubber, Palm Oil, Cashew nut)
2) for Orchard (e.g Citrus, mango, banana) 3,000 acres
3) for Seasonal Crops 1,000 acres

Aquaculture

Livestock & Poultry Farming and Aquaculture

1) Aquaculture 2,000 acres
2) Livestock and Poultry Farming
• Buffalo, cattle, horse 5,000 acres
• Sheep, goat 1,000 acres
• Poultry, pig 500 acres

Duration has been fixed for a maximum of thirty years for cultivation and utilizing land for plantation crops and orchard, livestock and poultry farming and aquaculture purposes. The period may be extended upon negotiation depending on type of project or nature of activities.