<article>Japan headquartered <a style="color: #000080;" href="http://www.marubeni.com">Marubeni</a> has invested $18.5 million in a fertilizer processing facility in Myanmar’s Thilawa Special Economic Zone.</article>

Japan headquartered <a style="color: #000080;" href="http://www.marubeni.com">Marubeni</a> has invested $18.5 million in a fertilizer processing facility in Myanmar’s Thilawa Special Economic Zone.
It is the only company to have been officially permitted to start operations in the economic zone, for the month of January , according to the Directorate of Investment and Company Administration in Myanmar.
The facility will be run by Marubeni Myanmar Fertilizer Co Ltd as a joint venture with a local company and will hold a space of about 35,000 square meter in the zone.
Marubeni will be investing in the manufacturing and wholesale operations of slag fertilizer and foliar fertilizer. Investment also includes the importing, repacking and wholesales of granular urea and high compound fertilizer.
The sales of the fertilizer is targeted primary to Yangon’s delta area with 30,000 metric tons for the first year of operations in 2017, according to the release by Marubeni. The figure is expected to reach 150,000 metric tons by 2020.
“In Myanmar, where the improvement of income for farmers is a crucial policy issue, Marubeni is contributing to the increased productivity of major crops such as rice and corn through its sales of effective fertilizers and experimental agricultural studies,” stated by Marubeni.
Marubeni is the only fertilizer manufacturing and wholesale facility to be established in the Thilawa Special Economic Zone to date.
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Japan's Marubeni to invest $18.5 m in fertilizer facility in Myanmar

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Japan's Marubeni to invest $18.5 m in fertilizer facility in Myanmar

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