Agrocorp Launches New Parboiled Rice Mill in Myanmar
Agrastar, an agribusiness company based in Myanmar, announced the opening of a new high-quality parboiled rice production and export facility on 5th May 2017 at Dedaye Township, Ayayarwaddy Region. Ambassador of Singapore to Myanmar, HE. Mr Robert Chua and Ambassador of Vietnam to Myanmar HE. Dr. Luan Thuy Duong were the Chief guests at the event.
Agrastar is a partnership between Chin Corp Myanmar, Agrocorp International, and RiverWest Capital formed to supply high-quality agri commodities from Myanmar to the global markets, especially to Europe.
The 250 ton-per-day facility is completely automated with state of the art technology to process 75,000 tons of paddy annually and produce high quality parboiled, brown and white rice. Agrastar aims to double the size of the mill by the end of 2018 and subsequently expand into other sites in the delta to increase production capacity.
Mr Vijay Iyengar, Chairman and MD, Agrocorp remarked that it was a proud moment for Agrocorp to reinvest into a country that has helped it grow over the past 30 years and hoped for this to be the first of many such ventures for Agrocorp in Myanmar.
Mr Michael Chin, Chairman Chincorp, said that Agrastar aimed to be one of the leading players in the Burmese rice milling market. In addition, he hopes that Agrastar will be a pedestal to bring about a better livelihood for the paddy farmers that form its lifeblood.
Mr Robert Chua commented that it was fantastic to see a Singaporean investment as part of a wider pan Asean collaboration in the Ayeyarwaddy region. He remarked that it was especially heartening given that Singapore had contributed to rebuilding efforts in the Dedaye area, following the devastation wrecked by Cyclone Nargis a few years ago.
Parboiled rice is marketed as “easy cook rice” in the EU, and is a long grain Indica rice produced from paddy that is partially boiled and steamed before the husk is removed. This allows the rice to retain its essential minerals and vitamins leading to a more nutritious meal with delicious and fluffy separated grains ideal for foodservice and retail. Easy cook rice is quickly growing in popularity as more health conscious consumers are driving demand for healthier cereals and convenience foods with minimal preparation time.
Agrastar’s rice is grown in Myanmar’s lush Ayeyarwaddy delta, where nearly half the country’s rice is grown. The pristine nature of the delta is perfect for today’s consumers that demand the best natural ingredients and care when it comes to their food. Myanmar is endowed with vast amounts of clean freshwater, and highly fertile land ideal for growing fruits, vegetables, pulses, and premium varieties of organic long-grain rice.
With 70 percent of Myanmar’s 53 million people employed in agriculture, Agrastar is aiming to provide a livelihood for local farmers and fifty local staff. It is also working to give back to the community through a variety of programs designed to enhance the well-being of the local communities and to protect the natural environment.
Contact for press related enquiries:
Siddhi. H Joshi
Marketing & Communications Executive