USD $ 300 million worth fish auction market project will be established in Myeik, Tanintharyi Region

A fish auction market project with an investment of US$300 million will be implemented as quickly as possible in Myeik, Taninthayi Region, said an official from Myeik Corporation. 

Located on 700 acres of land by the riverside of Kyaukphya river in Kywelku village, Myeik town, the fish market project also includes an industrial zone, a jetty for fish stock handling and housing.  

Chairman of Taninthayi Region Administration Council Tin Aung held a meeting with local entrepreneurs on April 27 and discussed the project. During the meeting, the chairman called for prompt implementation of the project. 

“We have already submitted the matter under the previous government. Now, we submitted it again. He (the chairman) said the project should be implemented as quickly as possible. We were told the project could be implemented on 700-acre land. We have yet to get approval. But officials are making inspection visits. The union minister for agriculture and livestock will be coming soon,” said Hla Than, chairman of Myeik Corporation. 

The region council chairman quoted the State Administration Council as saying that the fish auction market project will be allowed on 700 of over 2,000 acres of land as earlier submitted. He also stressed that the project should be outside farmland project areas of Myeik that has 64 percent farmland area. 

A corporation director said the seven-year project worth US$300 million will create tens of thousands of jobs. 

The project includes a jetty, cold storage room in phase-1, processing factories in phase-2 staff housing in phase-3 and extended sites in phase-4. 

“If we are allowed to implement the project successfully, we will be able to reduce over 20 years of our independence on the Thai market. We will be in a position to compete against Thailand’s Mahachaing market. We will be able to produce over 2 million tons of products every year. Myanmar’s fishery industry will develop,” said a local fishery entrepreneur. 

(Eleven Media Group: https://elevenmyanmar.com/news/300-million-fish-auction-market-to-promptly-be-established-in-myeik )

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