Chairman of State Administration Council Prime Minister Senior General Min Aung Hlaing Discusses Coordination on Developing Cotton, Oil Crops, Coffee, Meat, and Dairy Products Sectors

The Coordination on Developing Cotton, Oil Crops, Coffee, Meat and Dairy Products Sectors took place at the State Administration Council Chairman’s Office in Nay Pyi Taw on 16 February. The Chairman of the State Administration Council (SAC) Prime Minister Senior General Min Aung Hlaing attended the event and made discussions.

At the event, the SAC Chairman Prime Minister discussed as follows:

  • As the country is importing edible oil annually. The government also provided financial capital to meet the local oil sufficiency from the State economic promotion fund. But, the import volume of edible oil remained the same till now.
  • As oil crops can be cultivated and produced within four months, seeking the best way to cultivate crops successfully is necessary.
  • Currently, sown acreage of oil crops seems sufficient. Efforts should be made to meet the target.
  • The correct method of cultivation is of importance for the agricultural farm.  All must be aware of the fact that failures to realize the set per-acre yield target are showing negative signs for the country. Hence, increase in per acre yield is the main priority of the agriculture sector.
  • The relevant ministries need to emphasize that if the country grows 500,000 acres of cotton to meet the target production, it will help ensure the sufficiency of cotton at home and earn incomes of foreign currency in export.
  • In the 2023-2024 financial year, sugarcane sufficiency scored 112 per cent in the country. It is necessary to raise the per-acre yield of sugarcane production without expansion of sown acreage.
  • Coffee products are essential for the world. If Myanmar initiates the implementation of coffee cultivation projects, it will become a top country for coffee exporters across the world in the future.
  • Breeding of cows and buffaloes must be done successfully and factories must be built for production of dairy products so as to ensure sufficiency of dairy products for reducing spending of foreign exchange.
  • The country could reduce spending on foreign currencies only when efforts are made to successfully operate cow and buffalo breeding and construct a dairy product factory to produce sufficient dairy products at home.
  • If the country can produce edible oil, milk and dairy products and cotton items at home, which have to be imported every year, domestically and sufficiently and can export the surplus, the country can not only reduce foreign exchange spending but also earn foreign currencies for the country.

After that, Union Minister and Deputy Minister made sector-wise discussions on the development of cotton, oil crops, coffee and meet, and dairy products sectors. After hearing the reports, the SAC Chairman Prime Minister instructed the officials as follows:

  • If MSME businesses can operate cotton ginning and thread production, people will have job opportunities.
  • To meet the domestic demand for dairy products, the breeding of dairy cows must be expanded. Straws coming from more than 14 million tons of monsoon paddy can be used for animal feed as well as for the pulp industry, so they have to use efficiently.
  • Cotton and oil crop cultivation must be done as a national duty. From the cultivation of crops to the manufacturing finished products and supply chains, production processes will create job opportunities and productivity.

Also present were SAC member Lt-Gen Nyo Saw, Union Ministers, Chair of Myanma Economic Holdings Public Company Limited (MEHL), deputy ministers and directors-general.

Source: MWD (17-2-2024)

 

  • As oil crops can be cultivated and produced within four months, seeking the best way to cultivate crops successfully is necessary.
  • If the country can produce edible oil, milk and dairy products and cotton items at home, which have to be imported every year, domestically and sufficiently and can export the surplus, the country can not only reduce foreign exchange spending but also earn foreign currencies for the country.
  • If MSME businesses can operate cotton ginning and thread production, people will have job opportunities.
engdate: 
Tuesday, February 20, 2024 - 00:15
month: 
February, 2024