Myanmar Yangon Aquafeed Processing

Introducing high-quality aquafeed to Myanmar’s growing aquaculture industry

Context

In Myanmar, the necessary ingredients (such as agricultural and horticultural processing byproducts) for the production of high-quality aquafeed are abundant. However, a large percentage of these byproducts are treated as waste and disposed of indiscriminately. On the other hand, the aquaculture industry is forecast to grow tremendously in the coming years, leading to a commensurate increase in demand for high-quality aquafeed.

The Project

Infra Capital Myanmar, on behalf of InfraCo Asia, is finalizing the development of an aquafeed facility that will process waste into high-value fish feed. The Project will then reduce time for fish to reach maturity and lower overall cost of fish feed, thus improving fish farmer’s revenue, overall livelihoods and will reduce poverty. This project will also transfer skills and knowledge to the local workforce. It is expected that up to about 540 farmers would benefit from increase in livelihood income.

Project Overview
Company
InfraCo Myanmar Aqua Feed Company Limited
Country
Myanmar
Region
Yangon Region
Sector
Agriculture (Aquaculture)
Size
24,000 MT per year
Status
Under Active Development
Timeline
  • Project approved in 2016
  • Financial Close expected in H1 2019
Total Project Cost
~$4.5M
Funding Committed
~$0.48M
IAI Investment
N/A
Other Shareholder(s)
Local partner with experience in aqua feedstock and market reach and access to suitable land
Suppliers

Thailand:

  • For Technical Feasibility Study

Myanmar

  • For Market and Competition Analysis
  • For Pricing and Market-Entry Strategy
  • For Environmental and Social Impact Assessment
Development Impact
  • ~540 farmers expected to benefit from increase in livelihood and income
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