During over 30 years, the total foreign investments in the local agricultural sector reached 414.12 million US dollars, accounting for 0.49 per cent of the total FDI, according to Directorate of Investment and Company Administration. 

From 1988-89 to 2010-11 FY, the farming sector saw an inflow of 173.101 million FDI. The FDI in the farming sector hit 9.650 million USD in 2012-13 FY, 20.269 million USD in 2013-14 FY, 39.666 million USD in 2014-15 FY, 7.180 million USD in 2015-16 FY, 124.485 million USD in 2017-18 FY, 10.650 million from April to September, 2018, 19.119 million in 2018-19 FY. 

There was zero FDI in the 2016-17 FY. 

The ministry is working on the development of the agricultural productions sector with the investments and technical cooperation by interested local and foreign investors, said Dr. Aung Thu, Union Minister for Agriculture, Livestock and Irrigation. 

Small and medium-sized enterprises with market competition, development of agro-based products factories and inviting investments for post-harvest technology and seed sector, will promote the interests of farmers and contribute to the development of agro product markets, he added. 

Myanmar Investment Commission (MIC) will give the nod to the investment proposals for the agricultural sector as quickly as possible. The agricultural sector is included in the priority list of the investment promotion during this year. 

Two major difficulties in the local agricultural sector are: uneasy access to lands and the return on investment and payback period.