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Myanmar's Fish Exports Slump In 2013 As FDI Remains Low For Sector

- - - - - fisheries farming export Myanmar revenues

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Max

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Fish exports from Myanmar are falling far short of expectations in the 2013-14 fiscal year, 15 percent less at $550 million compared to the prior year’s $650 million.

 

The country set a revenue target of $700 million for the year, $150 million more than what it actually achieved, according to U Toe Nandar Tin, treasurer of the Myanmar Fisheries Processors and Exporters Association of the Myanmar Fisheries Federation.

"Not only is income down, but so is export tonnage,” said U Toe Nandar Tin, the Myanmar Times reported on Monday. “We have earned only about $400 million in revenues so far this year, and based on that we will not meet last year’s number.”


Read more: http://www.ibtimes.c...-sector-1557873







Also tagged with one or more of these keywords: fisheries, farming, export, Myanmar, revenues

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