November 21, 2017

MFF offers incentive to join the course

Workers use a fishing net during harvesting at a fish farm in Htantapin, Yangon. Photo: Reuters

Myanmar Fisheries Federation (MFF) launched first batch of fish and prawn farming training course last Sunday and will offer job opportunities at high basic salary rate, according to yesterday’s report of Myanma Alin.
Of 500 applicants, MFF started to give three-month training course to 180 participant and it will also provide monthly contributions of Ks60,000 to those trainees who graduated and Ks40,000 to people without bachelor degree. Upon completion of the course, MFF will link them with fish and prawn farming companies to get access to job opportunities and those companies have incentives to join them with attractive basic salaries starting from Ks200,000 to Ks400,000.
At present, there are 80,000 acres of fish and prawn lakes, only 40,000 of which are legitimate. Fish and prawn farming sector needs to be enhanced by upgrading farming methods and producing skilled livestock trainees, said Yangon Region Chief Minister U Phyo Min Thein at opening ceremony of this course.
In order to boost fishery export volume, investments from private sector and government loans are required as those businessmen engaged in livestock industry are faced with difficulties to get access to loan plans, weak technology and land lease problems.
During last fiscal year 2016-2017, fish and prawn export volume estimated 4.3 million metric tons with export revenue of US$605 million. MFF is targeting to increase export earnings to five holds in FY 2020-2021.
As of 20 October in current FY, export revenue from fisheries reached over $329 million which is an increase of around $60 million compared to same period of last FY, according to the figures of the Commerce Ministry.

 

Ko Htet

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