Home MMBIZ News Foreign Cos to Set Up Animal Food Factories

Foreign Cos to Set Up Animal Food Factories

Foreign companies are arranging to set up animal food manufacturing factories in a bid to tap the local livestock market and alleviate the livestock feed shortage, livestock and fisheries entrepreneurs said.
Netherlands-based feed conglomerate De Heus, one of the interested companies, is aiming to establish a factory in Myanmar in 2015, said U Win Kyaing from Myanmar Fisheries Federation.
Currently, Myanmar’s breeding sector is facing acute shortage of raw materials to produce animal food, and the miseries are compounded by inadequate transportation infrastructure and electricity woes – which drive up the prices of finished products.
Livestock and fisheries industry insiders say fake animal food is also flooding the market as entrepreneurs struggle hard to plug the supply gap.
They said the authorities should strive to provide protection against fake animal feed under the consumer protection law. At present, Myanmar imports animal foods from Vietnam to fulfil the local animal feed demand.
Some animal feed companies from Europe are also looking into producing fish feed from animal waste as it is high in protein content, livestock and fisheries entrepreneurs said.

- Advertisment -

Must Read

Myanmar bank atm mastercard visa kbz (2)

Myanmar Consumers Are into Contactless Payment: Visa Survey

အောက်တွင် မြန်မာလို ဖတ်ရှုနိုင်ပါသည် Nearly three in four (72 percent) of Myanmar consumers have expressed a clear interest in adopting contactless card payments, according to the...