THE Union Minister for Investment  and  Foreign  Economic  Relations,  U  Aung Naing  Oo  accompanied by departmental officials inspected the investment of Global Earth Agro and Aqua Industry Public Company  Limited’s  fish  breeding,  processing,  cold  storage  and  manufacturing  related  products  under  the  permission  of  Myanmar  Investment  Commission in Ayeyawady Region, Panntanaw  Township  yesterday morning.

The responsible personnel from  the  investment  project  welcomed the Union Minister and  explained  the  operational  procedures  and  the  situations  on  incubation  and  the  production  of  fish,  fish  feed,  fish  meal  and  fish  oil  by  utilizing  modern  steel  tank,  eco  and  smart  grow-out  technology,  operational  challenges,upcoming plans of the project and investment issues.

The Union Minister coor dinated and assisted the needs  of the project. He also encouraged  the  responsible  personnel  of  the  project  to  increase  the productivity of value-added  products,  support  import substitution,  extend  foreign  market availability, create job opportunities,  improve  technology and focus on research and  development,  share  new  technology,  the  improvement  of rural development and live lihood.

After  that,  the  Union  Minister  visited  the  farming  project  sites  including  the   hatcheries, aqua feed factory, modern steel tank fish ponds, eco  and  smart  grow-out  fish  ponds, fish processing factory, fish  powder  factory,  the  situation  of  incubation  and  the  production of fish and accommodation for employees.

The company is doing investment in breeding, processing  of  fish,  production  of  fish  meal, fish oil and fish powder in  one  place  by  transforming  modern  technology  from  the  traditional system.

MNA

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