Britain’s ambassador for agriculture calls for clarity on land titles
Myanmar needs clarity about land titles to be able to attract more investment in the farm sector, Britain’s Business Ambassador for Agriculture, James Townshend, said in Yangon on January 23.
He said “real visibility” was needed regarding ownership and titles to land to avoid problems such as land grabbing.
“It would be an impediment to the development of the [agriculture] industry, not least because the people who lease the land wouldn’t have any security,” Mr Townshend told a news conference at the British embassy.
“If [investors] don’t have security they can’t suitably make that investment needed to deliver a competitive agricultural sector,” he said.
Mr Townshend said developing a strong agriculture industry could help Myanmar’s economy to thrive.
He also said that responsible foreign investment in the agriculture sector was the key to providing job security and market confidence.
Mr Townshend is visiting Myanmar as head of an agricultural trade mission to help identify investment opportunities for British businesses.
The itinerary for his January 20-25 visit includes meetings with farmers, attending the opening of Livestock Myanmar 2014 Expo at Yangon’s Tatmadaw Hall on January 23 and visiting the site near Pathein of a joint venture between Yoma Strategic and British company ED&F Man aimed at producing export quality coffee.