October 20, 2017

Korea to assist development of Myanmar’s fisheries

A woman prepares fish at San Pya Fish Wholesale Market in Yangon on 7 January 2017.

In a bid to enhance Myanmar’s fishing industry, the 6th Korea-Myanmar Ocean Forum was held at Sule Shangri La on 7th March in cooperation of Myanmar Maritime University and Korea Maritime Institute.
Myanmar and Korea have jointly held this forum since 2012. The Ocean Research Center was opened at Myanmar Maritime University with the assistance of Korea and eight researches are being conducted from this center, said Dr. Myat Lwin, the rector of Myanmar Maritime University.
Present at this forum were officials from the Myanmar Fishery Federation (MFF) and experts from Korea and they discussed how to improve the fisheries sector in Myanmar.
“We are faced with many difficulties in developing fisheries enterprises, and the hatcheries are also required. We will exert concerted efforts to boost the export volume of fish to Korea year by year,” said U Soe Tun, the vice chairperson of MFF.
Currently, the volume of fishery exports to Korea is small. Long-finned eels are mostly shipped to Korea, it is learnt.
Economic relations between Korea and Myanmar improved in late 2014. Korea put foreign investments worth US$25,400million with 254 enterprises in 2015. Korea will contribute so as to effectuate the development in Myanmar’s fishery, said Mr. Joung Myung Saeng, vice president of Korea Maritime Institute.

 

Myint Maung Soe

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