Japan has taken interest in Myanmar's livestock and fishery sectors with its businesspeople preparing to do business in the country, said Aung Thu, Union Minister for Agriculture, Livestock and Irrigation.

The minister disclosed the information during a seminar on all-round development of the country's fishery industry.

"When I attended a forum related to investment in Rakhine State, many Japanese businessmen talked about this. They have great interest in the livestock and fishery sectors. Even the second and third largest companies from Japan are reportedly preparing to invest. Entrepreneurs in our country need to make greater efforts to catch up with pending development," said the minister.

He also stressed the need to engage in livestock breeding in accord with good practices to meet foreign demand, adding that his ministry will provide assistance. He also pointed out systematic measures for food safety and environmental conservation.