Private company Dawei Golden Land has partnered with the UK’s Department for International Development (DFID) and the World Wide Fund for Nature (WWF) with aims to boost the production of Green rubber in Tanintharyi Region. According to an article in the Myanmar Times, the organisations have made a joint investment of more than US$2.4 million to establish a business model to produce rubber that is part of a sustainable supply chain. Tom Coward, team leader of DFID’s inclusive growth and livelihoods unit stated that “With Myanmar the seventh largest rubber producer in the world, this project has huge potential to improve the livelihoods of poor farmers, while also promoting the feasibility and profitability of ‘zero deforestation’ sustainable rubber”. DGL has already invested more than $1 million in building a rubber factory that produces high-quality rubber. There is significant potential for growth for rubber industry in Myanmar. However, low yields and low quality products hinders the growth rate.
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