Industrial zone to be established in Ayeyawady this year

Source : The Global New Light of Myanmar
View Count : 211
Jan 05, 2017

An industrial zone focused on enhancing agriculture and livestock products will be set up in Myaung Mya, Ayeyawady Region, according to the Myanmar Agribusiness Public Corporation Limited (MAPCO).
       This industrial zone will be on 221 acres of land with an aim at producing value-added agricultural and livestock products, creating more job opportunities for the local residents, upgrading human resources, having an effective impact on the regional development activities and producing skilled labourers.
       Building of the zone aims at offering a reasonable price of the land rental for small and medium sized enterprises (SMEs) and agribusinesses, improving the investments and trade and carrying out the benefit of shareholders, according to MAPCO.
       Sixty per cent of MAPCO’s rice exports from 2012 to 2016 went to African markets, followed by the China market, it is learnt.
       MAPCO, founded in 2012, is a private sector company and is seen as a key contributor to the development of agriculture in Myanmar



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