Cold storage, high-quality products factories to be established to develop fish, prawn exports

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Workers processing fish for export at a marine product factory, Yangon.  Photo: Phoe Khwar

The government has plans to set up cold storages and high-quality product factories to develop the fish and prawn export industry, said U Htay Myint, chairman of Myanmar Fisheries Federation (MFF).
The cold storage and high-quality product factories will help the fish and prawn export industry earn US$2.3 billion within a year or two.
“The fish farming zone, feed factories, cold storages and high-quality product factories will be constructed with the help of experts from Indonesia, Taipei and China. Upon completion of the project, the factories will create job opportunities for more than 100,000 local people,” said U Htay Myint.
To implement these projects, the private sector needs fish and prawn species, as well as land. The Ministry of Planning and Finance will provide Ks100 billion worth of loans for small and medium enterprises in the fishery sector.
To develop the fishery sector, officials from MFF have requested an upgrade of the fishing boats, development of a strong market, promotion of fishing techonologies and relaxation on the prohibition on fishing.
Moreover, the MFF has already conducted a negotiation meeting with officials to discuss Saudi Arabia’s suspension of fish imports from Myanmar. Saudi Arabia has temporarily suspended fish and prawn imports from Myanmar, according to the World Organisation for Animal Health’s (OIE) announcement, following the detection of two prawn diseases. At the beginning of 2018, OIE found white tail disease (macrobrachium rosenbergii) in freshwater prawns bred in Myanmar. The MFF has requested it be allowed to continue with the fish exports, said U Win Kyaing, general secretary of MFF. There are some 480,000 acres of fish and prawn breeding farms across the country.

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