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Economic Activities of Cooperatives
Agriculture
Sector
Myanmar economy is based on agriculture. In fiscal year 2005-2006,
to develop the agriculture sector, 14470 agricultural cooperative
societies have been producing various kinds of crops such as paddy,
groundnut, sesame, pulses and beans. The total sown acreage is
15 acres in lakh and total output value is 116611 kyats in million.
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Kwinyarshaysaung
Agricultural
Producers'
Co-operative
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Phyu
Lungwe Areman Agricultural
Producers' Co-operative
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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 1255 livestock and fishery cooperative societies have been
formed and the total production value for fiscal year 2005-2006
is 10185 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.
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Wolf Fishery Co-operative |
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Cooperative Industries
With a view to develop industrial activities of cooperatives and
produce import substitute items, 804 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 29320 million kyats in 2005-2006
fiscal year. The cooperative candy factory in Shwepyithar Industrial
zone is currently producing assorted candies as import substitutes
while Mandalay GEC sugar mill set up in 1999 can produce 7.4 tons
of sugar per day.
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Co-operative
Candy Factory
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Mandalay
Seinpan Industrial Producers'
Co-operative Ltd.
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Shwepyitha
Township Chemical
Engineering Producers'
Co-operative
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Magway
Co-operative
Oil Mill
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Cooperative
Health Care Services
Health care services are being carried out at 275 general clinics,
35 polyclinics, 3 hospitals and 16 indigenous health care clinics.
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Pyay
Lawkaparla Co-operative
Special Clinic
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Saving
and Credit Cooperatives
A total of 1898 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.
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.
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