Agriculture

               The agriculture sector as a dominant force in Myanmar's national economic development, plays significant role in providing overall domestic agro-based industries. Agriculture, livestock and fisheries and forestry at present contribute to 50% of Myanmar's GDP, and to 35% of export earnings and remain as the principal pillars in the national economy. Myanmar has 18.21 million hectare of cultivatable land of which only 10.12 million hectares are under cultivation at present. It is expected to reach 14.16 million hectares in next 30 years period. Available in addition 8.9 million hectares for cultivation are for agricultural investment and agricultural labor is relatively cheap. Myanmar is leading producer as well as exporter of pulses and sesame among ASEAN countries and second largest exporter in global market. The strategic measures has been made to improve agricultural productivity in the area expansion, yield expansion, crop diversification, use of advanced agricultural technology such as post harvest technology and to apply better storage and milling and packaging system. 

The Ministry of Agriculture and Irrigation (MOAI) in line with the market-oriented economy and with the national economic development objectives, is undertaking necessary measures to maximize private sector participation, attract foreign investment and accelerating growth and development of agricultural sector. Endeavours are being made to attract local and foreign entrepreneurs to invest and establish mutually beneficial trade and business in the form of JV or 100% investment in the following areas:           

Land utilization

Establishment of Agro-based industries

Assembling and manufacturing of light agricultural machinery and small farm implements

Manufacturing of agricultural commodities, input supplies and machineries

Trading of agricultural commodities, input supplies and machineries