Under a contract signed between Myanmar and China, 200-tonne advanced rice mills will be built in Nyaungdone, Ayeyarwady Region, according to the Myanmar Rice Millers Association (MRMA).
“Myanmar Rice Miller Company is formed under the MRMA. The company has signed an agreement with the China CAMC Engineering Co (CAMCE). Under the agreement, both sides will cooperate on the construction of the international-standard rice mills. Afterwards, we will carry out rice grinding and then export quality rice to China as well as to other international markets,” said Nay Lin Zin, joint secretary from the MRMA.
The construction will start this year and is due to be completed by 2017.
“We have brought the plots of land for the first rice mill in Sarmalauk in Nyaungdone, and will build two 200-tonne rice mills. As a first step, we will build a 200-tonne rice mill,” he added.
Under the deal between the Myanmar Rice Federation and the Chinese firm, COFCO, China will purchase 100,000 tonnes of rice at the market price after the completion of the work. The MRF will coordinate the direct sales of rice with COFCO, with both sides preparing the grinding and export of the rice types and quality favoured in China.