MIFER Minister inspects value-added investment agribusiness in Nay Pyi Taw

Union Minister for Investment and Foreign Economic Relations U Aung Naing Oo visited the Myanmar Golden Produce Co., Ltd which is a J.V business and producing value-added products for local fruits and vegetables in Dekkhinathiri Township, Nay Pyi Taw, yesterday.
While in Myanmar Golden Produce Co., Ltd, Company Managing Director Daw Hnaung Hnaung Win presented the situation of the production of value-added products for export and promotion of domestic distribution and also reported on the some implementaion issues faced by the company. The Union Minister facilitated and provided the requirements of company and encouraged it to increase the production to promote the export through product and market wise diversification.
After that, the Union Minister arrived at the MAYLP Agriculture Co., Ltd in Dekkhinathiri Township and inspected production of hybrid paddy by contract farming, quality seeds for domestic distribution and upgrading the domestic paddy varieties for local sale, and also investing in milling rice for export ourpose by cultivating the rice varieties which meet the foreign market demand.
At the farm, Company Managing Director, U Soe Lin Tun presented the current situation of contract farming business in collaboration with farmers in townships around Nay Pyi Taw and domestic distribution and export of company. After hearing the report, the Union Minister attended to the need to increase the contract farming areas and production of local paddy varieties which are in high demand in export market.
Afterward, the Union Minister proceeded to the Myanmar Agri Foods Co., Ltd, producer and distributor of frozen vegetables, in Kyiin Village-tract, Pyinmana Township, Dekkhina District. Company Managing Director U Ye Myint Maung clerified the current business operations, and the Union Minister highlighted to increase the production and income of farmers by collaborating for mutual interest. The Union Minister also provided and facilitated the requirements of the company.—MNA