Myanma Agricultural & General Development Public Co Ltd (MAGDPL), a company listed on the Pre-Listing Board (PLB) of the Yangon Stock Exchange (YSX), will construct three modern storage facilities with a combined capacity of 25,000 tonnes for pulses, corn, and sesame seeds in the Thilawa Special Economic Zone for US$3.7 million.

Currently, the MAGDPL began constructing a facility at plot No 29 in the Thilawa SEZ on 4 April 2025, with the approval of the Myanmar Investment Commission (MIC), and completed the project on 7 March 2026.

The warehouses cover 82,500 square feet and can store tens of thousands of tonnes of pulses, corn, and sesame seeds intended for export without compromising quality. In addition, the MAGDPL will construct three modern warehouses, each measuring 550 feet long, 150 feet wide, and 34 feet high, with a total floor area of 82,500 square feet, at an esticost of approximately US$3.713 million.

On 8 May, the MAGDPL reported that 2,713 shares were traded on the PLB at prices ranging from K3,550 to K3,600 per share, with a total trading value exceeding K97 million.

According to the 2024-2025 annual report, MAGDPL has invested K1.9 billion in Myanmar Thilawa SEZ Holdings Public Limited (MTSH), K2.924 billion in Myanmar National Telecom Holding Public Company Limited (MNTH), K10 million in Myanmar Kyaukphyu SEZ Holding Company (MKSHC), and K71 million in MAAT.

ASH/TH

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