Skip to content

Inclusive and Sustainable Economic Growth

The lifting of economic sanctions has had positive implications for Myanmar's economy, but more reforms are needed. Denmark supports inclusive and sustainable growth in Myanmar's fisheries sector and among SMEs through the Denmark-Myanmar Country Programme 2016-2020.

The Denmark-Myanmar Country Programme (2016-2020) aims to promote inclusive and sustainable economic growth, but this will require comprehensive reform, including in the fisheries sectors to ensure that fisheries resources are not depleted. Through support to Sustainable Coastal Fisheries implemented directly by the Myanmar Department of Fisheries, Denmark is supporting the development of policy, capacity and practices in co-management of marine and coastal fisheries resources. The Danish grant of DKK 66 million (approximately USD 10 million) will help improve value chains within the fish processing and trade sectors and contribute to creating employment and improved livelihoods for local fisheries communities.


Furthermore, through the Responsible Business Fund (RBF) and a grant of DKK 80 million (approximately USD 12 million), Denmark is promoting awareness among small and medium-sized (SMEs)  private sector actors of their social and environmental responsibilities and the long term advantages of applying a socially responsible business strategy. The RBF focuses on providing matching grants to SME enterprises for better utilization of resources, enhancing the working environment and for upgrading knowledge and skills of company staff and management.


With limited evidence on the challenges facing SMEs, the Government of Myanmar has no data upon which to build the formulation of effective policies for developing the sector in a sustainable and inclusive way. Denmark contributes to rectify this situation through support to establishing a Myanmar Enterprise Monitoring System (MEMS), an initiative implemented by the Central Statistical Organisation under the Ministry of Planning and Finance. The resulting surveys will give insights into the SME sector and enhance understanding of the dynamics and constraints of private industrial enterprises. Denmark is supporting the MEMS with DKK 10 million (approximately USD 1.5 million).

(From the Embassy’s field trip to Dawei to meet regional and district officers from the department of fisheries and local NGO’s and fishermen)