Thailand-based Mitsui Company is in talks with the Myanmar Fisheries
Federation (MFF) to invest in Myanmar’s first fishing net factory, an
MFF representative said last week.
“There is no fishing net
factory in Myanmar, so fishermen and fish farmers are faced with many
difficulties. There will be a factory coming soon,” MFF member U Han
Htun announced on Tuesday, December 18.
A fishing net factory had
originally been planned for construction in Yangon’s In Sein township
in 1972. However, the construction was never eventuated and local
fishermen have had no other option but to buy expensive fishing nets
from neighbouring countries, according to the MFF.
source: The Myanmar Times
http://www.mmtimes.com/index.php/business/3629-thais-tie-up-a-new-net-factory-deal.html
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