Myanmar steps up development of contract farming zone in Yangon

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(Xinhua)
Updated: 2008-10-06 11:09

YANGON -- Myanmar is stepping up the development of contract farming zone in the suburban township of Yangon division, working out a systematic plan of plantation of agricultural crops by private entrepreneurs, official press media reported Monday.

According to the state-run newspaper New Light of Myanmar, the Yangon division special integrated farming zone, set up in Nyaunghnapin village, Hmawby township, is made up of some sub-zones where undertakings including the raising of poultry, growing of beans and pulses, and physic nuts as well as fish breeding, are carried out.

Of the 2,708-hectare Yangon division special integrated farming zone, 50.3 percent have been put under kitchen crops, beans and pulses, and physic nuts, while 30 percent accommodate poultry farming where over 300,000 chickens including layers and broilers are raised, the report said.

The rest of the area goes to special fish farming where 364,000 fish of various species are bred in 51 breeding ponds, the report added.

An earlier local report said 10 private entrepreneurs had taken part in the project and the system was being introduced into other states and divisions if found applicable. And foreign technical knowhow relating agricultural production will be obtained through the farming system.

In its similar efforts, Myanmar is also setting up another special agricultural zone in Dagon Myothit, one of the several satellite towns in Yangon division.

Private companies are being encouraged by the government to take part in the regional project.

Since paddy stands as one of the country's main agricultural crops, Myanmar has also planned to expand cultivation of paddy in the present fiscal year of 2008-09, projecting to grow 8.26 million hectares in the year to yield 31.59 million tons of rice to meet the demand of a population of 56.5 million.

The country's per capita rice consumption stands at 510 kilograms (kg) per year for rural people and 408 kg for urban people. The annual consumption of rice by the entire country people reached over 17 million tons.

According to official statistics, in the fiscal year of 2007-08 which ended in March, Myanmar grew 8.1 million hectares of paddy, generating 30.02 million tons of rice.

Meanwhile, the country's agricultural exports amounted to $1.14 billion in 2007-08, up 22.5 percent from 2006-07.

The country's foreign trade volume in the 2007-08 fiscal year totaled $8.851 billion, of which the exports took $6.043 billion with farm produce contributing 18.8 percent of the total.

With over 70 percent of Myanmar's population being engaged in agricultural undertakings, the sector represents the mainstay of the country's economy, contributing 50.1 percent to the national economy and achieving an average annual growth rate of 9.8 percent during the past five years, statistics reveal.