According to the statistics from Myanmar’s Ministry of Agriculture, Livestock and Irrigation, from 2017 to 2018, the country exported more than 560,000 tons of aquaculture, which was the highest in the last 20 years, and the exporting value reached 711 million USD.
Mr. U – Htay – Myint, Chairman of Myanmar’s Aquaculture Confederation, reported that within the next two years, aquaculture exportation value could double to 2-3 billion dollars if the aquaculture industry utilized appropriate technology, resources and equipment. The Ministry of Planning and Investment has agreed to finance 100 billion kyats (approximately 75.5 billion dollars) to develop the demand-and-supply chain and modernize the aquaculture cultivation procedure.
According to the strategy to develop aquaculture sustainably, on the 1st and the 2nd of November 2018, Silversea Media, Myanmar’s only magazine specializing in husbandry and aquaculture, cooperating with Myanmar’s Aquaculture Association and NGO World Fish, organized a seminar on Aquaculture in Yangon.
In the event, GreenFeed Myanmar introduced to the participants, the international organizations, customers, etc. series of high quality products that could help maximizing the aquaculture performance.
Mr. Ngo Minh Thien (on the left) – GreenFeed’s CCO of Aquaculture Feed and Mr. Thet Mhu (on the right) – Deputy Chairman of Myanmar’s Aquaculture Association
Visitors touring and finding out more information at GreenFeed’s stands
Especially, the presentation on “The solution to increase performance in Aquaculture” by Mr. Nguyen Hoang Thanh, GreenFeed Myanmar’s Deputy Executive Director, and “Feeding program for snakehead and anabas to achieve high performance” by Mr. Ngo Minh Thien, CCO, attracted a lot of attention from the customers.
GreenFeed Vietnam’s representative presented related problems in Aquaculture
The highlight in the 2-day event was the meeting between Myanmar’s Government and authorities, business and organizations working in Aquaculture to report and identify the challenges as well as the opportunity in the industry. The Government also determined the appropriate course of development for the aquaculture industry in the future.