اقتصاديات جدوى الاستثمار في مشروعات إنتاج ألبان الأبقار في محافظة الغربية

Abstract EN

The research aims to study the economic and financial feasibility indicators for dairy production projects from cows in the research sample in Gharbia governorate for the year 2022.

the research relied on two sources of data, the first of which is secondary published and unpublished data.

the second is the primary data from a questionnaire that was prepared specifically to draw its items from among the breeders of dairy-producing cows, who are the owners (from 15 heads or more) and represent the farms specialized in the production of dairy cows in the governorate, the sample size was about 135 observations, and it is clear from the research that the value of the investment costs for establishing a dairy production project from cows during the two years of construction amounted to about 637.37 thousand pounds, as for the total operating costs during the life of the project (20 years), it amounted to about 14.39 million pounds, amounting to about 719.49 thousand pounds annually.

in addition to the value of taxes due at the end of the life of the project, amounting to 117.65 thousand pounds, so that they are annually about 5882.7 pounds.

the total value of the installment and interest on the loan amounted to about 372 thousand pounds, and the value of the total cash inflows and outflows at the end of the project's life were estimated at about 17.2 and 15.52 million pounds, respectively, and by studying the most important financial evaluation criteria for the dairy production project from cows in the research sample in Gharbia governorate 2022.

it was found that the internal rate of return (IRR) amounted to about 15.67%, which is higher than the prevailing interest rate in the market.

the criterion for the project's capital payback period (PB) about (6.4) years in order for the returns to cover the investment costs of the project, and the criterion for the cost-benefit ratio of the project (B / C) was about 1.04.

where the project is considered economically acceptable if the result is greater than one true, and the profitability index (PI) criterion for the project is about 1.04, which indicates the preference of the project whenever the criterion is greater than one true.

as for the criterion of net present value (NPV) for the dairy production project at the two discount rates (9.75% and 13.75%), it amounted to about 263.19 and 85.43 thousand pounds.

the criterion of the break-even point (BEP) was about (1.39) for the production capacity of the project.

as for the turnover rate of the invested capital for the project, it was estimated at about (1.85) pounds, and the higher its value than one, this indicates the good utilization of the capital assets invested in the project, and therefore it is economically feasible.