RAKHINE INVESTMENT FAIR Ngapali Beach Jasmine Ngapali Resort Hotel - PowerPoint PPT Presentation

Findings of RAKHINE STATE INVESTMENT OPPORTUNITY SURVEY Presented at: RAKHINE INVESTMENT FAIR Ngapali Beach Jasmine Ngapali Resort Hotel February 22, 2019 Presented by: Oo Kyaw Maung Senior Researcher Myanmar Survey Research

1 Introduction ❖ Area Coverage ❖ Sector Coverage ❖ Key Stakeholders CONTENTS  2 Findings of Investment Opportunity Survey ❖ Ranking of most promising sectors for investment ❖ Subsectors (Detailed) 3 Business opportunities based on existing unique features of Rakhine State ❖ Unique features of Rakhine State ❖ Supply base, refinery. deep sea port (trading, transportation

1 Introduction

❖ Business sectors covered in this Targeted No survey of Actual No. Sector ❖ Area Coverage: Five Districts:Sittwe, Interviewee Interviewees Kyauphyu, Mrauk U, Maugdaw, (KII) Thandwe 1 Agriculture 14 14 2 Livestock Breeding 13 6 3 Fisheries 13 9 • The data from subsectors under the 11 4 Manufacturing 17 12 sectors were collected 5 Forestry 6 2 • 108- Key Informant Interviews were 6 Hotels & Tourism 13 7 conducted • 159 potential Investors participated 7 Transport & Logistics 15 14 in survey 8 Human Resources 3 1 9 Border Trade & 5 Trading 3 10 Construction 2 2 2 11 Investment Projects 1 12 Other related Sectors 6 5 Total 108 76

Findings of Investment 2 Opportunity Survey

❖ Key sectors with investment opportunities ❖ Livestock & Fisheries ❖ Agriculture ❖ Tourism

2. Findings Of Investment Opportunity Survey ▪ Key stakeholders in five districts are included ❖ Ranking of the Most Prospective Sector in this study Sector Ranking ▪ Total respondents 76 out of 108 (70%) 1 Livestock & Fisheries ▪ Livestock & fisheries sector is suggested as 2 Agriculture the most prospective sector for investment Manufacturing 3 ▪ Agriculture, Hotels & Tourism and , Hotels & Tourism 4 Manufacturing sector are identified as key 5 Forestry sectors with investment opportunities 6 Trading Government Business 7 Energy Sr.no Business Firm Total Official Association Construction 8 Healthcare 9 1 24 11 41 76 10 Transportation 11 Others

2. Findings Of Investment Opportunity Survey ❖ Interested Business Sectors by Potential Investors Interested business sector • Before the investment fair,159 potential 40 investors from different countries were 35 No of Investor 30 conducted online survey regarding their 25 interested business sectors in Rakhine 20 15 state 10 • Most interested 4 - business sectors to 5 0 invest include. 1. Hotels & Tourism 2. Agriculture 3. Livestock & Fisheries Interested Sector 4. Manufacturing

❖ Fisheries Sector Key Areas of Fisheries Sector ❖ Three Types of Fisheries Sector Freshwater/marine fish farming 1 Aquaculture Mud crab / soft-shell crab farming Coastal fisheries 2 Marine Fisheries Offshore fisheries Open water and flooded water 3 Inland fisheries fisheries ▪ Rakhine state possesses a 443-mile-long coastal line plus network of coastal rivers for fisheries ▪ Fishery sector represent about 12% of State’s GDP in 2017 ▪ Rakhine state is the sixth largest producer fish and prawn among States and Region ▪ Over 169, 077,000 Vises of fish and prawn produced in Year(2016-2017)

❖ Aquaculture Total acres of fish and prawn farming • Main business of Aquaculture 50000 47073 include 45000 40000 • Fish farming 35000 • Prawn/shrimp farming 29502 30000 Acre • Crab farming 25000 20693 20000 • Fish and prawn farming is 15331 15000 mainly carried out in Sittwe and 10000 3558 5000 Kyaukphyu districts 1351 23 82 0 • There are 113,950 acres of Sittwe Mrauk U Maundaw Kyaukphyu Thandwe District prawn farming and 3,663 acres Fish Farm (Acre) Prawn Farm Acre) of fish farming in Rakhine state Source: Department of Fisheries (2018) , Rakhine State

➢ Investment Opportunities in Aquaculture Business Prospective Areas for Aquaculture Business • Development of prawn/shrimp/ crab farms, Marine and freshwater fish farms • Cold storage, canning and packaging enterprises • Establishment of processing and manufacturing plants for fisheries products ➢ Prospective Areas for Aquaculture Business 1. Sittwe district 2. Mrauk U distirct 3. Kyaukphyu district 4. Thandwe district ➢ Potential business partners 1.Myanmar fishery federation (Rakhine) 2.Rakhine state chamber of commerce and industry

❖ Marine fisheries: Coastal and offshore fishing • Coastal fisheries is authorized by the State Registered fishing boats government whereas the Union government 7000 manage Offshore fisheries 6000 5967 • Coastal fishing boats are allowed to operate 5000 NO OF BOATS within 10 nautical miles from the shoreline 4000 4356 3000 • Offshore fishing vessels are allowed to 2000 operate beyond the Coastal fishing zone to the Exclusive Economic Zone (EEZ) 1000 9 0 ➢ Investment Opportunities Motor boat Row boat Offshore fishing vessels • Establishment of fish market TYPE OF BOAT • Cold storage, canning and packing plants • Processing and manufacturing of fisheries products • Upgrading / construction of fishing jetties Source: Department of Fisheries (2018) , Rakhine State

2 . Livestock • Livestock breeding is mainly Livestock breeding by District Livestock breeding by carried out in Sittwe and Thandwe (2016-2017) District (2016-2017) 2,000,000 districts 300,000 1,800,000 • CP chicken breeding and Cattle 1,600,000 250,000 1,400,000 breeding are lucrative business 200,000 1,200,000 1,000,000 150,000 800,000 ➢ Investment opportunities in Livestock 100,000 600,000 sector 400,000 50,000 • Production of animal feed 200,000 • Value added livestock and meat processing 0 0 plant • Development of Biosafety zone for dairy Buffalo Cow Goat Pig Chicken Duck Muscovy Dusk farming , especially, at Mann Aung island Source: Data from Biyearly township Report (2018), General Administration Department, Rakhine State Government

Key areas of agriculture Sown Acreage of Main 2. Agriculture sector Crops by District • Agriculture is one of the backbone 16,000,000 sectors of Rakhine state’s economy 14,000,000 12,000,000 • Main crops include Rice (92%) , Green 10,000,000 gram (2%) and Cashew nut (1%) of total 8,000,000 arable land 6,000,000 4,000,000 • Over one million acre of agricultural land, 2,000,000 only (0.2%) of arable land is utilized to 0 cultivate high-yield seed. ➢ Investment opportunities Paddy Green Gram Cashew Nut • Production and distribution of quality seed • Distribution of agricultural machinery / fertilizers • Contract farming • Processing, packing and value-added product plants • Credit and insurance services Source: Data from Biyearly Report (2018), General Administration Department, Rakhine State Government

Potential places for hotels & tourism 3.Hotel & Tourism Sector Comparison of foreign visitors coming into Rakhine State by District • Richness in untapped beaches , historical Year 2018 and cultural heritages with unique features 60000 of different ethnic groups. 50000 • The existing tourist destinations in Rakhine No of Foreign Visitors 40000 • Mrauk U, the world heritage site in Myanmar 30000 • Ngapali, the world-class beach 20000 • Of 53 hotels in Rakhine, 39 hotels are at 10000 Napali beach 0 • Over 64 foreign tourists visited in 2018 Sittwe Mrauk U Kyauk Thandwe Phyu District ➢ Investment opportunities ▪ Kan Thaya – Settwar-Mawshwe Chai hotel development zone ▪ Gyite taw-Lon Thar Chai-Shwe Thar Chai hotel development zone ▪ Man Aung island Eco-torism development project ▪ Lay Mro river Eco-tourism development Source: Department of Hotel and Tourism (2017-18 )

3.Special Economic Zone & other development projects • Rakhine state hosts two major investment projects Development projects in Rakhine state with huge investment opportunities • Kyaukphyu SEZ • Kaladan Multi-Modal Transit Transport project • Other development projects by Rakhine State’s government include: 1. Ponnagyun industrial zone 2. Ka Nyin Chaung Trading zone 3. Kyaetaw-Mingan Development project 4. Mrau U New City and Airport Project 5. Ngapali Air port uprading project 6. Man Aung island Eco-tourism project ➢ Investment Opportunities ✓ Infrastructure development: • Port construction, electricity and water supply etc. ✓ Production sector related industries: • Good processing, Agri business etc. ✓ Service sector related industries: • Trade, logistics and warehousing etc.

Unique features of 3 Rakhine State

❖ UNIQUE FEATURES OF RAKHINE STATE 1 Situated at Geostrategic Location at the Bank of Bay of Bengal 2 Richness in cultural and historical sites 3 Richness in natural resources and untapped beaches Sharing borders with key regions in Myanmar — Magwe, 4 Ayeyarwaddy, etc. 5 Proximity to the most populated markets — Bangladesh and India  Kyauk Phyu SEZ and Deep Seaport 6  Kaladan River Multimodal Development Project Large-scale projects under implementation:  Offshore Oil & Gas exploration projects

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