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Ayeyawady Integrated Food Industry Complex likely to be completed in 2021

LOCAL NEWS

The Ayeyawady Integrated Food Industry Complex, which is being implemented on 900 acres of land in Pantanaw Township, is expected to finish in 2021, according to news released online by the Commerce Ministry. Ninety per cent of goods produced at the complex will be meant for the export market, it stated.
Global Earth Agro and Aqua Public Company, established by the Myanmar Fisheries Federation (MFF), are implementing the project after obtaining a permit from the Myanmar Investment Commission (MIC). The company will conduct aqua feed processing, fish breeding, fish processing, and set up a laboratory at the complex. Drying factories, fish and aqua feed processing factories, breeding stations, packaging factories, cold storages, fish disease diagnostics laboratory, warehouses, and apartments for workers will be included in the project.
“Fish production, once the complex is completed, is estimated to be 500 to 1,000 tons per day. Myanmar commercial attachés assigned in other countries are endeavoring to explore foreign markets,” said U Than Myint Oo, director of the Myanmar Trade Promotion Organization under the Ministry of Commerce.
He made the remarks during a visit to the Ayeyawady Integrated Food Industry Complex, accompanied by five commercial attachés in mid-February.
“The project will provide a comprehensive service to the food industry, from breeding to production. At present, it has created more than 2,000 jobs. Within five years, it will employ over 7,000 workers, and its production value is estimated around US$200 million. An aqua feed processing factory, with a capacity of 1,600 tons per day, and warehouses which can handle 50,000 tons of raw materials and 4,000 tons of finished products are part of the project. To fulfill the requirement of raw materials for the feed processing factory, 80 per cent of raw materials, such as soy bean cakes, wheat bran, and rice bran, will be purchased from the domestic market,” said U Htay Myint from the MFF. “Fish hatcheries in the zone aim to breed striped catfish the whole year. Good water supply and drainage and automated feeding systems are being installed,” he added. — GNLM (Translated by Ei Myat Mon)

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