The construction of crop dehydration factory is 65 per cent finished in ChaungU Township, Sagaing Region and about 2,000 tonnes of crops are daily dried on a trial run at present.
The factory is started to be developed on 28 December 2018, under the endorsement of the Sagaing Region Investment Committee, said managing director U Aung Naing Oo of Aung Nagani Co., Ltd.
The dehydration factory is aimed at fetching a good price in the export market. It will export quality vegetable to foreign countries. About 30 people will be employed upon the completion of the factory.
“The crop processing was earlier delayed due to the lack of dehydration factory. We faced market loss owing to the inferior quality then. The dehydration factory is set up to enhance the socio-economy of the farmers and explore more potential markets,” said U Aung Naing Oo.
Sagaing Region Investment Committee endorsed Aung Nagani Co., Ltd to execute crops drying, categorizing and rice milling and processing activities on 28 December 2018, bringing in the capital of K726.44 million (including US$ 0.113 million). The factory is located at No. 2038, Kywalkyayoe yard, Ngaya n village-tract, ChaungU Township, Sagaing Region, according to the Directorate of Investment and Company Administration.
To simplify the verification of investment projects, the Myanmar Investment Law allows the region and state Investment Committees to grant permissions for local and foreign proposals, where the initial investment does not exceed K6 billion, or $5 million. — Lulay (GNLM)
