- Local peasants, businessmen face tricky situation in land grab of army
- China wishes to bring more benefits to Myanmar, says ambassador
- Election Commission refuses Rohingya applicants
- 100,000 war refugees remain in Kachin camps despite monsoon nearing
- Myanmar starts drafting five-year Dairy Development Plan
- Women entrepreneurs to draw policy paper for women job opportunities
- Myanmar has region's lowest internet penetration rate
- Thai delegation visits Eleven Media in Myanmar
- Htoo Group fails to upgrade Mandalay's Innwa Hotel
- Protecting intellectual property rights highlighted for foreign investments
Yangon to upgrade aquarium and crocodile farm
Published on Friday, 01 February 2013 21:23
Tharketa Crocodile Breeding Farm seen in January 29 (Photo-Aung Zaw Tun)
An aquarium and a crocodile farm in Yangon will be upgraded to become major tourist sites of the city, according to the Kyaw Myo Win, Deputy Director General of Fisheries Department.
Ministry of Livestock and Fisheries will invite domestic and foreign investments aimed at improving the project, the official noted during the regular meeting with fishery businessmen last week.
“To upgrade Kandawgyi Aquarium and Tharketa Crocodile Farm, we submitted a proposal to President Office to invite investments from local and foreign firms. We aim to make them tourists attractions, which will make money for the country,” he said.
He affirmed that President has approved their proposal, stressing to ensure transparency.
He said, “The President told us to have transparency in our work, and we will practice it. When we will start the project will be informed through the ministry.”
The ministry is considering options such as to rent out the business to local and foreign investors, or to make a joint venture with them.
Investors show an interest in operating the Kandawgyi Aquarium than the crocodile farm, an official from Fisheries Department said.
In the plan to upgrade the sites, it also includes establishing the relaxation, entertainment and shopping areas. The ministry reported that it already made oversea tours to study necessary areas.
Kandawgyi Aquarium is located in a five acre compound in downtown area of Bahan township, while Tharketa Crocodile Farm is in Tharketa township, occupying the forty-acre land.