Firmly grasp opportunities to boom blue economy

The government is striving for building sound foundations for implementing the policies related to the blue economy for the purpose of sustainable development of Myanmar’s coastal-based economy.
Relevant committees have been formed to effectively coordinate the coastal resources management measures between users and founders. It is necessary to adopt and implement Integrated Coastal Management-ICM in order to develop the blue economy.
ICM aims to value Myanmar’s coastal areas and marine resources as natural resources of the State, harmonize sustainability and development purposes with the participation of all stakeholders, raise responsible capacity to the possible impacts triggered by nature and humans, and efficiently utilize sustainable development of current and future generations with the participation of all.
Myanmar ICM is based on six strategic procedures on uplifting the capacity of organizations, protecting and reestablishing coastal areas, research and supervision, all-inclusive management and sharing profits, and contacting the private sector with responsible businesses.
Myanmar ICM will be strategic guidelines for implementing the coastal and marine natural resources management and sector-wise development of the blue economy.

In fact, Myanmar needs to efficiently utilize aboveground and underground natural resources without loss and waste. If so, all development undertakings will be sweet fruits for all citizens as a stage to enjoy higher living standards to shape the blue economy for new generations.

Existing laws, rules, directives and procedures have schemed for Myanmar’s ICM project. Necessary laws and new policies are being drawn.
Relevant organizations in cooperation with the office of the Commander-in-Chief (Navy) in ensuring the prevalence of law and order at the sea and coastal regions, the Myanmar Coast Guard was formed to beef up the prevalence of law and order in order to contribute to the blue economic development as strategic sound foundations are being built.
As Myanmar is endowed with long natural resource coasts, it possesses marine resources which are of importance for food sufficiency of the State and long-term development measures.
Only when emphasis can be placed on agriculture and livestock tasks based in rural areas where some 70 per cent of the population resides, will their socio-economic status develop and the development of the nation be speedier. Hence, it is necessary to prioritize the agriculture and livestock stocks of the rural people residing along coastal areas and socio-economic development.
As such, it is necessary to make efforts for ensuring harmonious development of the State and environmental conservation under the systematic process to be able to march towards sustainable development goals.
In fact, Myanmar needs to efficiently utilize aboveground and underground natural resources without loss and waste. If so, all development undertakings will be sweet fruits for all citizens as a stage to enjoy higher living standards to shape the blue economy for new generations.

Share this post
Hot News
Hot News
Ancient Ketumati City preserves walls, moats, and original gateway style
Myanmar’s agricultural exports surpass US$1.1 bln by 14 June
Myanmar student youths to attend BRIDGE Summer Camp-2024 in Japan
Myanmar Embassy clerk in France absent without leave due to personal matter
MoEP Union Minister inspects HED installation at Paunglaung Dam
MoI Union Minister inspects paddy husk gasifier power generation facility
MoTC holds rainy season tree-planting ceremony
Mandalay releases over 217M gallons of wastewater daily
Mawlamyine’s Union National Races Cultural Centre to feature traditional homes of Mon, Kayin, Pa-O, and Bamar
Myanmar participates in commemoration of G-77’s 60th anniversary in Vienna