Indonesian, Singaporean entrepreneurs seek ways for investment in agriculture sector

24 10 2014 3 copy
Union Minister U Myint Hlaing holds talks with Indonesian and Singaporean entrepreneurs about investment opportunities in agriculture sector.

Union Minister for Agriculture and Irrigation U Myint Hlaing held talks about investment in agriculture sector and cooperation with Senior Vice President Mr Richard Neli Mclellan of Moxsaic Company of Indonesia and Senior Vice President Mr David Rogiani of Canpotex Limited Company of Singapore and party at the ministry in Nay Pyi Taw on Friday.
The Union minister explained investment opportunities in the agricultural sector, mutual interests, job opportunities and prospect of increasing income for local farmers.
The Indonesian and Singaporean guests discussed investment in cultivation of oil palm, sugarcane, tapioca and rubber cultivation, establishment of finished goods factories and export of products.
The foreign guests visited the vegetables and fruit shop, net house farms, long staple cotton plantation, high yield sugarcane plantation, vegetables plantations, 3000-acre Palethwe paddy plantation, and combine harvesters of Alliance Stars Company in Nay Pyi Taw Council Area.

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