Fish auction market in Myeik slated to complete in 2028

April 7,2022

A proposal to establish a fish auction market, with an esti¬mated capital of US$300 million, in the Sandawut village-tract in Myeik Township, Taninthayi Region, was given the green light, and the project is slated to be complete in 2028. 

Taninthayi Region is main¬ly relying on fishery business. Myanmar’s fishery products are primarily sent to Thailand. The project aims for the fish market, which meets interna¬tional standards, to emerge. 

“The project is scheduled to finish in 2028. It will employ more than ten thousand jobs for the locals,” a director of Myeik Public Corporation elab¬orated. 

The project term is seven years, and it will be established in four phases. It will give thou¬sands of job opportunities to the local community. A director added that the project would include a fishing port, cold storage, processing factories, accommodation and facility, and extended areas. 

Taninthayi Region saw ex¬ports of 300,000 tonnes of fish¬ery products in the 2019-2020 Financial Year, generating an income of $347.51 million, said an official of the Fisheries De¬partment. 

U Han Htoo Aung, in charge of the fish auction mar¬ket project, said that the project was permitted by the authori¬ties concerned, and it is likely to start in 2022 if the ministries are concerned to give the go-ahead to it. The project cannot be carried out in the coming rainy season as the extreme weather might cause delay and wreak havoc on the project. 

When the fish auction mar¬ket meets international stand¬ards emerge, those Myanmar migrant workers in Thailand, who are engaged in the fishery sector, might come back home. — Myint Oo (Myeik)/GNLM