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Myanmar and China will jointly build a 200-tonne advanced rice mill at Nyaungdone in Myanmar’s Ayeyarwady region, according to the Myanmar Rice Millers Association (MRMA)
Under the terms of an agreement, MRMA and China CAMC Engineering Company (CAMCE) will cooperate on the construction of the international standard rice mills.
“Afterwards, we will carry out rice grinding and then export quality rice to China as well as to other international markets,” said Nay Lin Zin, joint secretary at MRMA.
The construction is expected to start in 2015 and is due to be completed by 2017.
Also, China will purchase 100,000 tonnes of rice at the market price after the completion of the work. The Myanmar Rice Federation (MRF) will coordinate the direct sales of rice with COFCO, with both sides preparing the grinding and export of the rice types and quality favoured by China.