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Myanmar to cultivate more rubber to boost export

Thursday, 4 February 2010


YANGON, Feb 3 (Xinhua): Myanmar will cultivate over 67,600 more hectares of rubber in the southeastern Mon state under a regional five-year plan to boost export, sources with the Rubber Entrepreneurs Association said Wednesday.
Noting that the country has so far cultivated 171,300 hectares of rubber plants in the region, the sources estimated that if the new five-year project (2010-15) is successfully implemented, the total rubber cultivation area in the region will reach up to 338,900 hectares.
Meanwhile, the country has set an export target of 70,000 tonnes of rubber for the present 2009-10 fiscal year ending March against the 35,000 tonnes of raw rubber exported as of September last year.
In 2008-09, Myanmar's rubber export dropped to 40,000 tonnes after being hit by cyclone Nargis in the year.
Myanmar exports rubber mainly to China, Malaysia, Singapore, Vietnam, Thailand, Indonesia, South Korea and India.
Myanmar's southeastern Mon state stands as the largest rubber producing region in the country, thanks to favorable climate and soil and high rainfall.
Apart from the Mon state, rubber grows well in Tanintharyi division, Kachin, Kayin and Shan states where planting of rubber is being transformed from a small scale to a commercial scale.