Myanmar: Growth potential in agriculture restricted by quality, other issues
2019.12.24
In Myanmar, agriculture contributes to a third of the country’s GDP, a quarter of its exports and creates the bulk of job opportunities. Yet, the sector’s true potential remains restricted by poor access to finance and technology, limited infrastructure, complex land tenure and quality issues as well as weak supply chains.
Nevertheless, demand for products of higher and safer quality has been on the rise domestically and the agriculture sector must take advantage of the expertise international companies can offer in this regard, Aung Thu, Union Minister of Agriculture, Livestock and Irrigation, said at the Agrobusiness Forum 2019 organised by EuroCham Myanmar recently.
In Myanmar, agriculture contributes to a third of the country’s GDP, a quarter of its exports and creates the bulk of job opportunities. Yet, the sector’s true potential remains restricted by poor access to finance and technology, limited infrastructure, complex land tenure and quality issues as well as weak supply chains.
Nevertheless, demand for products of higher and safer quality has been on the rise domestically and the agriculture sector must take advantage of the expertise international companies can offer in this regard, Aung Thu, Union Minister of Agriculture, Livestock and Irrigation, said at the Agrobusiness Forum 2019 organised by EuroCham Myanmar recently.
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