Agriculture

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Growing global food insecurity has turned Brunei Darussalam’s attention back toward its farms. Pursuing self-sufficiency across all sectors over two decades, the government is funding an overhaul of sector practices with the aid of foreign expertise. The goal of achieving economic diversification away from the energy sector has led the government to...

Chapter | Agriculture from The Report: Brunei Darussalam 2013

Growing global food insecurity has turned Brunei Darussalam’s attention back toward its farms. The government has set a goal of 60% self-sufficiency by 2015, though it is unlikely this will be achieved in that time. Self-sufficiency in rice, fruits and vegetables stood at 4.4%, 15.4% and 62.8%, respectively, in 2011. The government has planned to expand rice cultivation to some 5000 ha, but will...

As ASEAN chair in 2013, Brunei Darussalam has a regional agenda to push forward alongside its domestic plans for the year. Chief among its local priorities is developing alternative resources streams in its economy, which has long been driven by its oil and natural gas revenues. 

Halfway through the current cocoa season, concerns are rising that Ghana’s growers will see lower-than-expected revenues for 2013, due to poor weather conditions and a tight global market. However, the government still plans to move ahead with a long-term programme to further boost production, with hopes that a series of late rains will also improve output for the current season.
Rice is mounting a steady comeback in Myanmar. Exports in the 2012/13 fiscal year have already reached 1.2m tonnes thus far, surpassing its peak export period in 1956, and the Myanmar Rice Industry Association (MRIA) projects exports to reach 1.5m tonnes by the end of the fiscal year, double the 778,000 tonnes exported in 2012. This performance could be maintained – if not boosted further – in the coming years by increased foreign investment.
The coming years pose considerable challenges to Papua New Guinea’s (PNG’s) agriculture sector as it continues to come down from the record highs it achieved in 2011. However, increased financial support from the government, as well as several planned infrastructure developments, should help the sector keep pace with overall economic growth.

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