التقييم المالي و الاقتصادي لمشروع تجفيف الخضر و الفاكهة بمحافظة الإسكندرية

الملخص EN

Drying vegetables and fruit Projects are one of food preservation projects, Which did not taking its place in the field of agricultural projects, even thoughthe abundance of agricultural crops that can be dried, with great resistance to damage for a relatively long time, This research targeted in financial and economic evaluation study of drying fruits and vegetables project in Alexandria Governorate Through(1)Study the structure of exports and imports of vegetables and dried fruits, (2) estimate the production costs and the expected revenue of the project; (3) the financial and economic evaluation of the project (4) sensitivity analysis of the project.

The study revealed that the highest cost of investment for the project is the cost of electric dryers, estimated at 560 thousand pounds, representing about 66.21% of the total investment costs.

It was also found that the highest fixed costs are the salaries of the project workers estimated at 270 thousand pounds representing about 75.47% of the fixed costs.

The raw materials used in the project represent the highest variable costs, amounting to LE 5,467 thousand representing 73.29% of the variable costs.

The total projected revenues for the project were estimated at LE 1.35 million pounds.

The Financial evaluation showed that the Pay-Back Period was about 3.02 years, and Return on Investment was about 33.11%, The net present value (NPV) was about LE 1.18 million, The benefit cost ratio (B/C) was about 1.17%,the internal rate of return (IRR) for the project was about at 60%, which is higher than the Opportunity cost of 15%, which is the interest rate on deposits in commercial banks in 2018, the profitability index (PI) was about 1.9which means that the project is profitable.

The Economic evaluation Study showed that the added value of Project reached 598.08 thousand pounds, as tariff protection for the products of the project rate of 44.43%, the total factor productivity coefficient of products of labor reached 59.81 thousand pounds, as was the recruitment coefficient of the project amounted to 0.02, while capital factor productivity of 0.71 pounds per unit from capital invested units in this project, and calculates the capital intensive coefficient amounted to 1.41.

The sensitivity analysis of the project shows thata10% increase in the discount rate leads to a decrease in the profitability of the project by about 12.26%.

A decrease of 10% in revenues leads to a decrease in the profitability of the project by 68.81%, and an increase in total costs by 10% leads to a decrease in the profitability by58.81%, This means that the project is more sensitive to change in revenues than its sensitivity to change in costs.

In the case of a 10% decrease in revenues and increase costs at the same time with the same percentage, the project will become a losing project.

Therefore, the study recommends the need to prepare an agricultural investment map that shows lucrative investment opportunities to encourage investment, while supporting these projects either through customs and tax exemptions or by reducing the interest on the loans for these projects, and To conduct awareness campaigns for agricultural workers on non-traditional investment opportunities in the field of agricultural processing, providing technical support and training for workers in this field in order to increase agricultural income and increase employment opportunities for agricultural labor.