The new report, Myanmar: Capitalizing on Rice Export Opportunities, funded by LIFT and prepared by the World Bank, highlights the potential for Myanmar to more than double its rice exports through targeted actions in several areas of the rice-value chain.
Interventions targeting current low levels of farm productivity and poor rice quality as well as the opening of the milling, warehousing, and trading sectors to direct foreign investment are presented as the first steps in a long term strategy to reform the market and establish Myanmar as one of the world’s largest rice exporters.
Key findings of the report include projections of increasing global demand for high-quality rice over the next 10-15 years as well as growing export competition from Myanmar’s regional neighbours of Cambodia, Vietnam, and Thailand.
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