The Global New Light of Myanmar reported comments from
Mandalay Region’s Chamber of Commerce and Industry’s (MRCCI) Vice President, U Moe Kyaw Kyaw, saying that UK-based investment company United Green is planning to invest approximately USD 200 million in the region to develop “high-quality breeding of dairy cattle and production of milk and dairy products,” and is “expected to create over 750 jobs for local residents.”

The project aims to distribute meat, milk and dairy products at a fairer price in the domestic market, but also for export, mainly to China.
United Green, a privately owned strategic investment group, will implement this project with the assistance of UK’s development finance institution CDC, the Asian Development Bank (ADB) and other financial institutions.