August 19, 2016

Taninthayi earns K1.8 billion from edible bird’s nest enterprise tender

Edible bird’s nest.
Edible bird’s nest.

THE regional fund of Taninthayi Region is K1.8 billion larger after it received funding from a edible bird’s nest enterprise tender process, according to the Regional Minister of Forestry.
The Myanmar Economic Corporation (MEC) previously had a monopoly over the edible bird’s nest collection enterprises in the region in the years leading up to 2014, before tender offers began to be put out to other companies.
“There was only ever this one private company involved in this enterprise as they were the only company who would bid when tenders were first put out. The price of the tender this year, however, has tripled as other companies have entered the competition by placing bids,” said U Tin Thein, director of the Department of Forestry for Taninthayi Region.
The process of calling edible bird’s nest enterprise to tender began on 9 February, with the bidding companies announced on 15 February. Twenty-five per cent of the price of the tender bid first had to be paid up front to the Myanma Economic Bank, while the remainder had to be settled by February 17.
“There are only four areas within the region in which birds’ nests can be collected. Four companies applied shortly after the tenders were called, but only three turned up on the day when successful bids were announced. Only two of these three companies were successful, walking away with the rights to collect birds’ nests,” explained U Win Naing, assistant director of the forestry department.
Among the companies that bid—MEC, Ruby Light Rays and Grand Andaman Islands—MEC was awarded Plot 3, while Grand Andaman Islands swept up plots 1, 2 and 4.
Plot 1 is located within the townships of Laung Lone and Yay Phyu, covering an area of eight islands, won with a tender bid of over K1.2 million. Plot 2 comprises ten islands in the Ye Aye island cluster in the Myeik archipelago; it was secured with a successful bid of more than K1.8 million. Plot 3 is located in Kaw Thaung District, the southernmost part of the country, made up of a group of nine islands for which the winning bid surpassed K420 million. Plot 4 is located in an area covering the five islands of Pulaw Township, of which the tender was awarded to a bid of over K1.44 billion.
Successful tender bidders are permitted to exploit their winning plots only up until November of this year, while the period of time in which the actual collecting of edible bird’s nests can take place three months per year in order to mitigate the potential wiping out of bird species in these areas. Bird nest collectors are also prohibited from making artificial alterations to caves where edible bird’s nests are located.
Under a government initiative, some areas of Taninthayi Region have been designated wildlife zones in order to provide a safe haven for birds to nest and reproduce, according to the regional forestry department.
In the 2013-2014 fiscal year, when edible bird’s nest enterprise tenders were called, the regional fund banked over K900 million, while the following fiscal year saw a decline with K620 million secured.
The current regional price for one viss (1.54 kilos) of black edible bird’s nest fetches approximately K300,000, while white edible bird’s nests are significantly more valuable, with the same weight going for as much as K6 million.—Myitmakha News Agency


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