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3.0. ECONOMICS AND PROFITABILITY OF SHRIMP FARMING

Like any other commercial venture, shrimp farming too, requires investment both of non-recurring and recurring nature. Non-recurring capital investment in shrimp farming are on construction of main and subsidiary bunds/dykes, sluice gates, excavation of the pond area for retaining the required level of water, construction of watchmen shed-cum store house, cost of equipments such as pumps, aerators, nets, traps, screen, shutters to the water gate etc. These components may vary depending upon the size of the farm and its nature of operations. The operational cost of recurring nature for shrimp farming includes cost on pond preparations, seed, fertilizers, chemicals, feed, fuel, maintenance and repairs of bunds, replacement of short lived farm equipments, wages for workers, annual land leasing rent, repayment of the loan taken for development and interests on the loan. In the existing condition the farm developed for shrimp farming can be utilised for a minimum of two crops in a year. Depending upon the water quality, the ponds can be stocked with tiger prawn for both the crops. The economics worked out of the alternative shrimp culture systems are given in the following table. (No 5)

Table 5.
Characteristics and operational costs of four alternative shrimp culture systems

DescriptionExtensiveSemi-intensiveIntensiveSuper-intensive
Pond size (ha)5–201–50.5–10.5–1
Stocking density (Pls/m2)0.5–25–1010–5050–100
Sources of frywild/hatcheryhatcheryhatcheryhatchery
Stocking size>PL30PL25PL15PL15
Water managementtidal/pumppumppumppump
Aerationnosomeyesheavy
Central drainnonosomeyes
Feedfertilizationfresh/pelletpellet+freshpellet+fresh
Culture period (months)3–64–54–54
Survival rate (%)80807065
Production (ton/ha/year)0.3–1.22.5–5.05.0–20.020.0–40.0
 


Operational costs
(US$/kg)
ExtensiveSemi-intensiveIntensiveSuper-intensive
Seed0.530.440.400.43
Feed-1.602.402.12
Labour0.850.510.270.17
Electricity0.080.320.410.45
Fertilizers & pesticides0.080.020.010.01
Fuel0.330.130.100.08
Materials & suppliers0.080.020.020.02
Overheads-0.890.670.38
Total1.953.934.283.66

Source: Hassanai Kongkeo, 1990 Pond Management and Operation Paper Presented at Aquatech 90 Kuala Lumpur

3.1. The Joint Ventures Companies

Up to date, seven fishery related joint venture companies has been formed and are in operation Fishing, construction of ice plants, cold storages, fish meal plants, canning plants, and aquaculture are some of the activities undertaken by the J.V.C.'s

  1. Myanmar Bangladesh Fisheries Ltd. (J.V.)
    Myanmar Fisheries Enterprise
    Cox's Bazar Sea Foods (Bangladesh)

  2. Hansawaddy Fisheries Co., Ltd. (J.V.)
    Myanmar Fisheries Enterprise.
    Hinn Thar Minn Co., Ltd. (Thailand)

  3. Myanmar P.L. (Int) Ltd. (J.V)
    Myanmar Fisheries Enterprise.
    P.L. International (Pte) Ltd. (Singapore)

  4. Myanmar Garming Fisheries Ltd (J.V.)
    Myanmar Fisheries Enterprise
    Garming Marine Products Trading Co. Ltd. (Hong Kong)

  5. Myanmar Sea Foods Ltd. (J.V)
    Myanmar Fisheries Enterprise
    P.L. International (Pte) Ltd. (Singapore)

  6. Myanmar Beijing Fisheries Co. Ltd. (J.V)
    Department of Fisheries
    The Beijing Fisheries Corporation (China)

  7. Myanmar Sanwa Fisheries Joint Venture Co. Ltd
    Department of Fisheries
    Sanwa Trading Co. Ltd. (Japan)

Myanmar P.L. International has begun construction of their pond located at Great-Chi Island Kyaukphyu. (Figure 1)

Fig. No 1

3.2. Companies Interested To Invest In Mynmar

  1. Raja Udang Sdn Bhd
    PLO 210 Jalan Besi
    81700 Pasir Gudang
    Johor, Malaysia
    Tel: 607- 251 4222
    Fax: 607- 251 5151
    Contact person: Mr. Syed Omar Syed Jaafar

  2. MBF Trading Sdn Bhd
    13C & 13D Wisma Ampang Triangle II
    Jalan Mamanda 7/1, Ampang Point
    Off Jalan Ampang
    68000 Selangor, Malaysia
    Tel: 603-4703308
    Fax: 603-4703315
    Contact person: Mr Louis Voon

  3. Innovative Diamond Technology Sdn Bhd
    1-2-18, Seri Relau Complex
    Persiaran Bukit Jambut I
    11900 Penang
    Malaysia
    Tel: 604-6436979
    Fax: 604-6446082
    Contact person: Mr. Ghori Mohamed

  4. Transpac Capital Sdn Bhd
    Suite 19A-8-2, Level 8, UOA Centre
    19 Jalan Pinang, 50450
    Kuala Lumpur
    Tel: 603-2637800
    Contact person: Mr Yeo Tien Kiong

  5. Josu Aquaculture Sdn Bhd
    Wisma Josu, No 332
    Taman Yoon Fook
    70450 Seremban
    Negeri Sembilan
    Tel: 606 7622181
    Fax: 606 7625181
    Contact person: Mr. Mun Kok Hing

  6. Majuikan Sdn Bhd
    Tingkat 1, Wisma PKNS
    Jalan Raja Laut
    50350 Kuala Lumpur
    Malaysia
    Tel: 603 2918346
    Fax: 603 2946429
    Contact person: Mr. Mahmud


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