Agriculture

A drive to improve food security under way in Brunei Darussalam will see the government release land for livestock production, develop irrigation systems and step up cooperation with other countries. The move forms part of a broader bid to galvanise the agriculture sector into helping the Sultanate achieve food self-sufficiency in the longer term.

A drive under way in Saudi Arabia to encourage businesses to invest in farming operations abroad could see the Kingdom improve food security and increase investment opportunities.

A major overhaul planned for Thailand’s agricultural sector next year will see the government roll out a zoning initiative as part of a two-pronged bid to optimise crop production and reduce expenditure on price-support schemes.

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.