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Watermelon growers encouraged to switch to potential crops

THE Department of Agriculture is enticing watermelon growers to turn to other crops which have market certainty, said U Win Hlaing Oo, head of Sagaing Region Department of Agriculture. The number of watermelon growers has dropped by 75 per cent due to price instability and transport difficulties. They are encouraging them to switch to other crops. As there is no contract farming of watermelon, the growers will definitely suffer a loss when the price drastically plunges.

The Agriculture Department is providing necessary technical assistance to the growers, yet it urges them to choose other crops which have the potential market. The watermelon cultivation is lucrative. However, large investment capital, market uncertainty and high quality standards of products set by the traders are posing difficulties to the growers, industry sources said. At present, China’s tightened border control amid the coronavirus pandemic is causing transport problems. With price instability and market uncertainty, coupled with the high quality standards, the growers have to struggle very hard. It is said that watermelon production has fallen by 60 per cent since the outbreak of COVID-19.

The Agriculture Department is demonstrating how to grow high yield wheat in Paukin area, in coordination with the Korea International Cooperation Agency. Their department is encouraging the growers to cultivate wheat while some are also planning to grow black bean and pigeon peas this winter. Watermelon prices jumped from around 1,300 to over 4,000 Yuan per tonne this year and about 20 to 30 truckloads of watermelons are daily sent to China at present.

Source: The Global New Light of Myanmar


Sales and marketing of the Korea-Myanmar industrial zone will begin next year and will be priced

Sales and marketing of the Korea-Myanmar Industrial Zone will begin next year and will be priced according to market conditions and the sales value of the surrounding industrial zones, according to Korea-Myanmar Industrial Complex-KMIC Development Co., Ltd. In addition, the KMIC Easy Service Center will be set up to assist government officials in facilitating investment permits and plant construction activities. KMIC will be able to provide more transparent and easy-to-follow processes to incoming companies.

The Myanmar government provides government-owned land in Hlegu Township to provide electricity and water. Water use and access roads will be funded by the Korean government. The combination of world-class infrastructure and central location will enable companies to develop potential markets. KMIC, a joint venture between Myanmar and Korea, is planning to build a $ 120 million international standard industrial zone project on more than 550 acres of land in Hlegu Township, Rangoon Region, by 2025, according to the Myanmar Investment Commission.

KMIC Development Co., Ltd., a joint venture between the Ministry of Construction and Korea Land and Housing Corporation, is planning to complete a $ 120 million industrial zone project in Nyaungbin, Hlegu Township, Rangoon Region, by 2025,” said an official from the Myanmar Investment Commission. Hlegu Township Nyaung Nyit Pin Training School On August 7, 2019, a joint venture agreement was signed between the Department of Urban and Housing Development and the Korea Land and Housing Corporation to implement the KMIC Industrial Complex project on 555.81 acres of land, according to the Ministry of Construction.

Source: Daily Eleven