The economic return of kilim and carpet production in Matrouh governorate

Abstract EN

The state seeks to open new horizons and new opportunities to work in many activities to absorb and reduce unemployment rates, the carpet and kilim industry activity is considered one of the important activities in Matrouh governorate, which is on the verge of extinction, which indicates the importance of conducting a feasibility study for this Craft starting from spinning wool and ending with the kilim and carpet industry stages for this sector to learn about the possibility of maximizing the benefit from the added value of one of the secondary agricultural products of sheep breeders, which is the wool that characterizes the desert environment, in order to benefit from it in the kilim and handmade carpet industry sector, as the project is one of the medium-cost projects that do not it needs expensive machines or raw materials, as it depends mainly on the skill and manual effort of the workers.

where the project is based on the production of kilims and carpets.

the project site area is about 500 meters, the facilities area is 100 meters for administrative units, 200 meters for a wool spinning factory, and 200 meters for a workshop for making kilims and carpets.

in a total year for the assay costs of the wool spinning unit, it amounted to about 175.7 thousand pounds / year, and in a total year the costs of assaying the production of the kilim workshop amounted to about 214.36 thousand pounds / annually, and the total year for the costs of assaying the production of the carpet workshop amounted to about 263.19 thousand pounds / annually, and the total investment costs reached to about (1880) thousand pounds / annually, total working capital costs (525.35) thousand pounds, total fixed costs (2909.94) thousand pounds/annually, total depreciation costs reached to (679.03) thousand pounds / annually for the kilim and carpet production project, total variable costs (6081.31) thousand pounds / annually, with a total cost of up to (10872) thousand pounds / annually for the project of the unit for spinning wool, making kilims and carpets, as it was found from the results that all the financial indicators were positive, which requires continuing to invest in the project, as it is expected that the project will generate income returning at a rate of 42.14% compared to the prevailing average interest rate of about 13%, and the project will be able to cover the invested capital within only 2.37 years, within 10 years as a project life.