New opportunities and potential in Myanmar's agriculture and supporting infrastructure sectors

Date:2012/5/25


1. Singapore, 22th May 2012 – Tapping on to new growth potential for emerging economies, Magenta Global is pleased to announce the inaugural Summit Into Myanmar: Agri Trade, Investments & Infrastructure Global Summit 2012 which will convene in Yangon, Myanmar from 25th to 26th July 2012.

2. The agricultural sector in Myanmar presents huge potential and abundant business opportunities for foreign investors & traders, especially as Myanmar now proactively seek to upgrade, add value and regain her preeminence in the world's agricultural markets, the pole position as the largest rice exporter in the world, way back in the '60s.

3. This timely summit will bring together the Who's Who in Myanmar's rice, pulses, edible oil, seeds, sugar, rubber, fertilizer, farm equipment & other agricultural sectors, bankers, traders, infrastructure players & senior government decision-makers to meet with the some of the world's foremost investors, traders, buyers and agricultural companies.

4. This summit will be graced by the honoured VIP support of the Union Ministers for Agriculture & Irrigation, Commerce, and National Planning & Economic Development. The Summit will provide participants with an understanding and clarity on Myanmar’s new economic regulations arising from latest parliamentary decisions.

What is the true potential of Myanmar? What are the investment vehicles? What are the challenges and risk mitigation approaches?

5. Top panel of speakers from international and regional trading houses, agricultural holding companies, private equity, financial institutions, trade & logistics, customs and inspection houses will also be addressing the summit.

6. The summit is supported by the Myanmar Rice Industry Association, Myanmar Edible Oil Dealers' Association, Myanmar Sugarcane and Sugar Manufacturers and Traders Association, Myanmar Rubber Planters and Producers Association. The Thai Rice Exporters Association and the Agricultural and Food Marketing Association for Asia and the Pacific

7. Sponsors & exhibitors of the Summit include Olam International, a leading global integrated supply chain manager and processor of agricultural products and food ingredients; rice processing equipment expert Satake Corporation and Rice parboiling technology specialist INDUSS group.

8. The CEO of the conference organizing company, Magenta Global Pte Ltd, Singapore, Ms Maggie Tan, said: “Myanmar is the last frontier of opportunity in South East Asia. I am confident that the Myanmar economy will offer vast opportunities that businesses should seize. This Summit is extremely timely and will serve to foster collaboration & business matching for companies in the Asia Pacific region in particular”. She urged all companies and businesses to take a first look at Myanmar agro sector& find out how to tap into the emerging agro opportunities, both upstream and downstream processing.

9. The event will be held at the Sedona Hotel Yangon, Myanmar.