Economic Activities of Cooperatives

Agriculture Sector
Myanmar economy is based on agriculture. In fiscal year 2007-2008, to develop the agriculture sector, 16164 agricultural cooperative societies have been producing various kinds of crops such as paddy, groundnut, sesame, pulses and beans. The total sown acreage is 18 acres in lakh and total output value is 158256 kyats in million.

Soe Agricultural
Producers' Co-operative Society
Phyu Lungwe Areman Agricultural
Producers' Co-operative

Livestock and Fishery Sector
Livestock and fishery cooperative societies are formed to fulfill the needs of domestic market as well as export promotion. A total of 1259 livestock and fishery cooperative societies have been formed and the total production value for fiscal year 2007-2008 is 19078 million kyats. Anawardevi cooperative society and Sea Wolf cooperative society had set up cold storage plants and are exporting marine products to Singapore and Middle East.

 
Sea Soe Agricultural
Producers' Co-operative Society
 

Cooperative Industries
With a view to develop industrial activities of cooperatives and produce import substitute items, 551 Industrial cooperatives have been formed. They produce a variety of goods such as food and beverages, clothing, construction materials household goods and industrial raw materials valued 51 million kyats in 2007-2008 fiscal year. The Myanmar Inventor Co-operative Society is producing electric power by using rice husk consuming generators. Mandalay GEC sugar mill set up in 1999 can produce 7.4 tons of sugar per day.

The Myanmar Inventor
Co-operative Society
rice huck consuming generator
Mandalay Seinpan Industrial Producers'
Co-operative Ltd.
Shwepyitha Township Chemical
Engineering Producers'
Co-operative
Magway Co-operative Oil Mill
 

Cooperative Health Care Services
Health care services are being carried out at 202 general clinics, 35 polyclinics, 2 hospitals and 16 indigenous health care clinics.

Pyay Lawkaparla Co-operative
Special Clinic

Saving and Credit Cooperatives
A total of 1719 saving and credit cooperative societies have been formed with the aim to extend loan at low interest rate to the needy members.
Cooperative Bank has been formed for cooperative banking activities.





Monywa Chindwin Myodaw Credit
Co-operative
Co-operative Bank
Website: http://www.cbbankmyanmar.com

Women Development Cooperatives
Women Development Cooperative are formed to improve their living standards and generate income for the members. The societies provide technical training assistance such as knitting, sewing and other handiwork to women. Children day care centres are opened by women cooperatives.

 

 
©Copright 2009 All rights reserved by Ministry of Co-operatives-  Myanmar (Burma)
Prepared by DPS.
Last Modified: 4-2-2009 (TP)