Marketnext: #Marketnext Event Held In Yangon

9 October 2019
2019-10-09 09:49

Along with the achievement of Value Chains for Rural Development project, the #MarketNext event together with high-level officials from the U.S Embassy, officials from the trade associations, farmers and other Myanmar partners was successfully held in Yangon on Tuesday.

The U.S Government supported for the growth in Myanmar coffee, Ginger, Soy, Sesame and Melon sectors under the five-year project from 2014-2019 aiming to help farmers for taking opportunities and to be beneficial from the rapid transformation of the rural economy.

U.S. Ambassador to Myanmar, H.E. Scot Marciel said “We goanna keep working the support of agriculture sector here, because is so important for about 70% of the population here. And the really important thing for us is the reason we do this project is because we wanna help people to improve their lives. And this project has helped Myanmar people, who are already really hard working, get that are organize, get that are assess to financing and technologies and the results to be able to produce more consistently, high quality products and earn more money for the families.”

The U.S Agency for International Development (USAID) invested 27 million dollars and the project has helped 40, 000 farmers and 4,000 private sector partners. One of the farmers shared the achievement of project and the experiences.

Founder, Jaguco Myanmar International Co., Ltd, Dr. Khin Maung Win said “I’ve participated in this project since 2016 especially in soybean sector. We tried very hard with partner organizations and we achieved the accomplishment of growth in agriculture as well as obtained the valuable experiences through this project.”

In Myanmar, the U.S Government continues to invest over 17 million dollars each year as part of the U.S Government Feed the Future Initiative. This will support agro-based economic growth and improved nutrition for women and children.

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