Livestock, fisheries attract 5 foreign investment projects this FY

According to the Directorate of Investment and Company Administration (DICA), the livestock and fisheries sector has attracted five foreign investment projects as of January-end in the current financial year 2020-2021 since October, according to the Directorate of Investment and Company Administration (DICA).

Those businesses brought in around US$21.4 million, including the expansion of investments by the existing joint ventures.
They are executing layer farm, pig farming and sales of pigs, production and farming of eggs and shrimp, as per the DICA data.

Since 1988-1989FY, about US$926 million of FDI have flowed into the livestock and fisheries sector.

At present, 16 countries invested in the livestock and fisheries sector. Among them, Thailand has topped the list of assets, with over $380 million, followed by Singapore, with about $130 million.

Myanmar’s livestock and fishery sectors are crucial to many vulnerable households’ livelihoods and improve their nutritional outcomes.—KK/GNLM

Share this post
Hot News
Hot News
Corps of military engineers serving nation-building tasks, infrastructures in border region: SG
100 artworks by 35 late masters shine at Beikthano Gallery
2023-2024 Inter-State/Region Billiard and Snooker Championship opens
Spreading fake news: Tatmadaw caused deaths by dropping with bombs in Kawkareik, Yanbye
Ceremony honouring security forces held in Bago Region (East)
SAC Chair Office Ministry 2 UM meets staff of One-Stop Service Centre at Thilawa SEZ
Drugs seized in some townships
25 February 2024
More than K383M worth smuggled goods seized in 3 days
Deputy Minister for Commerce leaves for 15th VIFA EXPO in Vietnam