The 7-year-old female was captured Friday, six weeks after it was initially spotted in a reserve in Pathein township, forestry official Tun Tun Oo said. It's the ninth white elephant in captivity in the country.
"We had to be careful," Tun Tun Oo said of the 1.9-metre-tall elephant. "It's wild. We didn't want the elephant or the forestry department officials to get hurt."
White elephants, which are actually albinos, have been revered for centuries in Myanmar, Thailand, Laos and other Asian nations.
Myanmar already has eight white elephants in captivity, most from the Ayeyarwaddy region. Five are in the zoo in the capital, Naypyitaw, and three are in Yangon's zoo.
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It was not immediately clear where the recently captured elephant will be housed.
Previous white elephants transported from Myanmar's jungles have been heralded in lavish ceremonies in which military leaders sprinkle them with scented water laced with gold, silver and precious gems.
According to the World Wildlife Fund, there are between 25,600 and 32,750 Asian elephants remaining in the wild. Only males carry tusks and are the exclusive victims of poaching for their ivory.
The capture of wild elephants for domestic use has become a threat to wild populations.
India, Vietnam and Myanmar have banned capture in order to conserve their wild herds, but in Myanmar elephants are still caught each year for the timber industry or the illegal wildlife trade, the WWF says.