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Myanmar shrimp farmers, devastated by disease, desperate for financial support

SEAFOODNEWS.COM [Myanmar Business Today] - September 29, 2014 - 

Farmers in Myanmar are calling for financial support to save the businesses of breeding shrimp and prawn, which are going downwards dramatically, official sources said.

Business leaders with the Myanmar Shrimp Association stressed the urgent need for a strategy with systematic financial support to save the business in despair.

“Weakness in infrastructures such as electricity, ice production, cold storage factories, transportation and laboratories have caused hindrances to the aquaculture in Myanmar,” experts were quoted as saying.

According to the sources, the prawn hatching sector has suffered losses for two successive years due to disease, dramatically decreasing production of baby prawn from 300 million in 2012 to 30 million in 2013 and 20 million in 2014.

The number of prawn hatching firms has also reduced from about 20 in 2012 to around 15 now...

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