The Ministry of Agriculture, Livestock and Irrigation has been encouraging the research and dissemination of agricultural methods to farmers while assisting in private sector development in the agricultural sector.
The Ministry has been raising organic farming with the aim of helping farmers to be able to export value-added local agricultural products to foreign markets.
Agriculture is one of the best opportunities in Myanmar for investors looking to make an immediate impact. This presents opportunities for foreign financial firms to provide funding for agricultural land or to cultivate land themselves.
The land in Myanmar is very fertile, and Myanmar people have generations of experience in agricultural enterprises. If farmers have access to capital, better seeds, and better technology, the agricultural sector in Myanmar has the potential to see rapid growth.
Myanmar’s agricultural sector is a key pillar of the economy and provides employment to about 53 percent of the labor force. Additionally, it is a source of livelihood for about 70 percent of the rural population. Today, people of the world demand food that is safe to eat. In the past, countries focused only on sufficient food production. But, the time has come to practice methods that take climate change into account in order to produce safe food and to improve the livelihoods of farmers. Myanmar has prospects for regaining its past status as the top rice export country. The agriculture sector continues to play a large part in development of our country.
To boost the agricultural sector with safe crops, the country has to tackle the challenges of erratic weather, capacity and technical know-how to produce value-added products and dependence on the demand of foreign markets.
IFC, a member of the World Bank Group, supported the Ministry of Agriculture, Livestock and Irrigation (MoALI) to launch Myanmar’s Good Agricultural Practices (GAP) Protocol and Guidelines in December last year.
The objective of the guidelines is to boost the productivity and profitability of farmers through sustainable farming.
The GAP Protocol and Guidelines for 15 crops including tomatoes, peanuts, rice, and chili, among others, will guide cultivators on how to produce safe and quality products for the local and international markets.
All over the country, national crops such as rice, pulses and beans, oil crops, industrial crops and fruits are produced for local consumption and export.
Farmers, on their part, need to follow the instructions of agricultural experts to produce safe, quality food and fruits to penetrate more markets.