Burma to dominate rice export industry

Burma’s Myanmar Rice Miller Co has entered into an agreement with China CAMC Engineering to construct two 200-tonne modern rice mills in Burma by 2017, a move aimed at heading the rice export industry. Burma produces 12.6 million tonnes of rice annually with export volume over 1 million tonne, but now targets to reach 2 million tonnes in rice export in 2015, and 4 million tonnes by 2020. Thai Rice Exporters Association’s inspection in Burma estimated up to 8.5 million acres of land – in addition to existing farmland – could be developed.