Fish Processing Plant

download Fish Processing Plant

of 21

Transcript of Fish Processing Plant

  • 8/19/2019 Fish Processing Plant

    1/54

    Fish Processing Plant(Feasibility study)

    GILAD TRADING PLC

    March !""#Addis Ababa

  • 8/19/2019 Fish Processing Plant

    2/54

    Table o$ Contents

    PageIEXECUTIVE SUMMARY ………………………………………………… 1

    IIMARKET STUDY …………………………………………………………… 3IIIRAW MATERIALS AND UTILITIES STUDY …………………… 19IVPLANT LOCATION AND ENVIRONMENTAL ……………………

    CONSIDERATION

    25

    VENGINEERING AND TECHNOLOGY ……………………………… 26VIORGANIZATION, MANAGEMENT AND MAN POWER …… 32

    VIIPROECT IMPLEMENTATION SCHEDULE ……………………… 3!VIII"INANCIAL STUDY ………………………………………………………… 3#

    IXCONCLUSION AND RECOMMENDATION ……………………… !1ANNEXES$

    i. P%&'()*(+ S-(. "&%().* ……………………………………

    ii. P%&'()*(+ I/)&0( S**(0(/* ……………………………

    iii. P%&'()*(+ C. "-& S**(0(/* …………………………

    iv. P%&'()*(+ -/)( S((* S**(0(/* …………………

    v. I/*(%/- R*( &4 R(*%/ C-)-*&/ ……………………

    vi. P%&'()*(+ "//)- R*&. …………………………………

    vii. S00(%7 &4 A//- O8(%*/ C&.* …………………

    viii. L&/. R(870(/* S)(+-(. ………………………………

    !3

    !!

    !5

    !6

    !#

    !:

    !9

    51

    I.

    %&%C'TI% 'MMAR*1.1  Descri+tion o$ the Pro,ect

    T. 8%&'()* . 0 *& 8%&+)( 4. 4%&0 L;( T/< T( 8%&0&*(%, GILAD

    TRADING PLC +(+)*(. *. %(.&%)(., =&* 4//)- /+ *()/)- ;/&>

    &, *& (/(0(/* / *( =./(.. &4 8%&)(../ 4. / E*&8 /+

    2

  • 8/19/2019 Fish Processing Plant

    3/54

    0%;(*/ -&)--7 /+ =%&+< T( 8%&)(.. &4 4. /?&-?(. .( &4 

    *&0*(+ .7.*(0< T( 0%;(*/ &4 *(.( 8%&+)*. *%(* ).*&0(%

    /((+. 4&% >@-*7 4. 8%&+)*.< T( )&08/7 .8%(. *& 0((* -&)-

    /((+. /+ )&/*%=*( *& (44&%*. &4 *( )&/*%7 / (/(%*/ 4&%(/

    ()/( (%//.< T( &%/B*&/ /+ 0/(0(/* .7.*(0 &4 *(

    =./(.. . +(./(+ *& %(.8&/+ *& *( -(?(- &4 .&8.*)*&/ / *(

    8%&+)*&/ /+ 0%;(*/ &8(%*&/.<

    1.2  A-ount o$ Financing Re.uired

    T( *&*- /?(.*0(/* %(@%(0(/* &4 *( 8%&8&.(+ =./(.. /*(%?(/*&/

    . (.*0*(+ * %% 192,61,!#6/  I* . -.& ..0(+ *& 4//)( *.

    0&/* *%& .)(0( &4 # /+ 3 =(*((/ /; /+ GILAD

    TRADING P%?*( L0*(+ C&08/7< C&/.(@(/*-7, *( /; ?-. %%

    13!,:2#,333 -( GILAD TRADING P%?*( L0*(+ C&08/7 0((*. *(

    %(0// %% 5#,#:3,1!3 <

    1.3  Mar0et Pros+ect

    T( 0%;(* 8%&.8()* &4 *( 8%&8&.(+ 8%&'()* . .*%&/-7 -/;(+ * *()%%(/* **%)*?( /?(.*0(/* 8&-)7 &4 E*&8< T( &?(%/0(/* .

    =((/ &/ 4&%(/ +%()* /?(.*0(/* "DIF /+ . =((/ 08%&?/ *( *(%0

    /+ )&/+*&/. /+(% ) *(7 %( *& &8(%*(< H?/ -.& %(?((+ *(

    )&/*%7. ()&/&0) +(?(-&80(/*, *( )&/.08*&/ &4 4. . /)%(./

    ) / *%/ /()(..**( 08%&?(0(/* / *( 4. 8%&)(../ /+.*%7 /+

    *( +(?(-&80(/* &4 %(-(?/* /4%.*%)*%(.<

    T(%( %( (?+(/)(. ** )&/.08*&/ &4 4. . /)%(./ / -- *%(*

    *&/. /+ %(&/.< T( 0&.* 08&%*/* *(%0/- 0%;(*. 4&% 4.,

    &(?(%, %($ *( 0'&% %=/ )(/*(%. &4 G&/+(%, D(=%( T=&%, D(..(,

    /+ K&0=&-)< M/7 .0--(% *&/. */ 2 *& 3 ;0 4%&0 L;(

    T/ %( -.& =(-(?(+ *& ?( ./4)/* +(0/+ 4&% 4.<

    3

  • 8/19/2019 Fish Processing Plant

    4/54

    "%*(%0&%(, *(%( %( .(?(%- *(% =&+(. 0/-7 %?(%. /+ %(.(%?&%.

    ) %( 7(* /*88(+< H(/)(, .&-+ *( +(0/+ =()&0( %(-B=-(

    *(%( . .44)(/* 8&*(/*- / *( )&/*%7 4&% 4%*(% +(?(-&80(/* /+

    (8-&**&/<

    T( @(.*&/, *(%( 4&%(, . & *& .*.47 *( -%( +(0/+ &/ *( &/(

    /+ -( (8-&*/ *( ?.* 8&*(/*- %(.&%)(. &/ *( &*(% T(%( .

    -.& /((+ *& .*0-*( 4%*(% +(0/+, 4 *( = /&/>4%(@(/*

    )&/.0(%. &4 4. %( *& =( **%)*(+ *& /)%(.( *(% )&/.08*&/ -(?(-<

    A-- *(.( &88&%*/*(. )&8-(+ * *( ?-=-*7 &4 0/8&(% *

    -&(% -=&% )&.* . (-- . *( .*%&/ +(.%( &4 GILAD. @-*7

    88%()*&/, (//)(. *( 8%&+)*&/ /+ 0%;(*=-*7 &4 ?%&. 4.

    8%&+)*.<

    1.4  Technical Feasibility

    T()/)--7, *( GILAD P%?*( L0*(+ C&08/7 =(-(?(. *( .( &4 

    *&0*(+ 0)/(. &-+ =( /.*%0(/*- / *(%0. &4 (44)(/)7 /+

    (44()*?(/(.. &4 *( 4.(%7 /+.*%7 /+ %(-*(+ .()*&%.< T( 8%&'()*

    =.(. *.(-4 &/ *( .( &4 *&0*(+ 8%&+)*&/ .7.*(0 *& =(**(% 0((*

    *( )%%(/* /((+. / *( +&0(.*) /+ /*(%/*&/- 0%;(*<

    E*&8 =(/ %(.&%)( =/+/* 4&% 4. /+ -)%*?( 0%;(* *& 4.

    8%&+)*. +)**( *( (.*=-.0(/* &4 *. )&08/7 /+ (/( / *(

    8%&8&.(+ =./(.. /*(%?(/*&/< T( 8%&'()* &-+ 8%&?+( *( (@80(/*

    %(@%(+ *& /+-( =&* 1, *&/. &4 4. 8(% 7(%, &* &4 ) :

    4&% 4&%(/ 0%;(*.< T( (@80(/* &-+ --& 4&% )&--()*/ *(

    )*)(., 8%&)(..(. *(0 / *( 8%&)(../ 8-/* * T/, *%/.8&%* *&

    A++. A== /+ (8&%* *& *( EU, M++-( E.* /+ &*(% A4%)/

    C&/*%(. /+ %(*- / *( 8&8-*(+ %(. &4 )(/*%- E*&8<

    4

  • 8/19/2019 Fish Processing Plant

    5/54

    1.5  1rgani2ation and Manage-ent

    T( &%/B*&/ /+ 0/(0(/* &4 *( 8%&'()* . +(./(+ / -/( *

    *( %(@%(0(/*. &4 +&8*/ *&0*(+ 4. 8%&)(../ 8-/*< T( 0'&%

    .*%)*%- )&08&/(/*. &4 *( &%/B*&/ /?&-?( (/(%- ..(0=-7,

    0/(0(/* *(0, *%(( +?.&/. P%&+)*&/, P%&)(../, /+

    M%;(*/F< M) (08.. . ?(/ *& )8)*7 =-+/ . *( 0)/(.

    %( *&0*(+ /+ %(@%( (-- &%/B(+ .;-- *%/.4(% 8%&%0< T(

    8%&+)*&/, 0%;(*/ /+ 4//)- .8()* &4 *( 8%&'()* -- -.& =(

    0/(+ / -/( * %(-(?/* -(- 8%&?.&/. /+ (*)- .*/+%+. &4 

    *( )&/*%7<

    1.6  Financial iability

    T( 4//)- /-7.. &4 *( 8%&8&.(+ 8%&'()* +(0&/.*%*(. %(*%/ &/

    /?(.*0(/* %*( &4 323, 8%&4* 0%/ &4 12 /+ -&/ %(870(/*

    87 =); 8(%&+ &4 6 /+ #7(%.< T( 8%&'()* )&/*%=*(. *&

    08%&?(0(/*. / %(-*(+ .()*&%., &44(%. 0&%( */ 1 '&= &88&%*/*(.,

    87. *(. (*)< I/ )&/)-.&/, *( 8%&'()* . .&)- /+ ()&/&0)-

    =(/(4*. /+ (/)( * . %()&00(/+=-(<

    II. MAR3%T T'D*

    2.1 General Re4ie5

    2.1.1 General analysis

    E*&8 . / (*(/.?( =&+7 &4 /-/+ *(%., )&08%./ (*

    8%/)8- -;(., *%(( %(.(%?&%. /+ /0(%&. %?(%.< T(.( *(% =&+(.

    %( /&* 8%&8(%-7 .%?(7(+ /+ (/)( /& .7.*(0*) ..(..0(/* &4 *(%

    4./ 8&*(/*- . =((/ 0+(< I* . (/(%--7 =(-(?(+ ** *( *&*-

    %( &4 *( -;(. . 0&%( */ #, ;02 /+ *(% 000 7(-+ &4 4.

    5

  • 8/19/2019 Fish Processing Plant

    6/54

    . %&-7 (.*0*(+ *& =( =&* 35,3 *&//(.< T( //- 4./

    8&*(/*- &4 *( %& R?(% -&/( . (.*0*(+ * 25, *&//(.< O*(%

    %?(%. .) . G-&, O0&, A., A=7 -( N-(F /+ W= S(=(-( %(

    -.& ;/&/ *& ?( -%( 8&*(/*-<

    A/+ *( )&/*%7 . *( ".(%(. R(.&%)( D(?(-&80(/* D(8%*0(/*

    "RDDF (.*=-.(+ / 19#9 /+(% M/.*%7 &4 A%)-*%( /+ *( ".

    P%&+)*&/ /+ M%;(*/ C&%8&%*&/ 19:9F %( *( &?(%/0(/*

    (/)(. ?(.*(+ * *( %(.8&/.=-*7 &4 +(?(-&80(/* /+ (*(/.&/ &4 

    /-/+ 4.(%(. 8%&)(../ /+ 0%;(*/ &4 4. / *( )&/*%7< A))&%+/

    *& *( "RDD, *( *&*- //- )*) &4 4. 4%&0 -;(. /+ %(.(%?&%. .

    %&/+ !,! *&//(.< T( =(.* )*) 5# 8(%)(/*F )&0(. 4%&0 L;(.A=7 C0& /+ Z7 ) )&08%.( =&* 21 8(%)(/* &4 *( *&*-

    %( &4 -;(. /+ %(.(%?&%.< O/-7 .0-- /0=(% &4 4.(%0(/,

    (.*0*(+ * =&* 1,, (%/ *(% -?(-&&+ 4%&0 4./< T.,

    &(?(%, +&(. /&* /)-+( 8%*>*0( .=..*(/)( 4.(%0(/ 0&.* &4 )

    %( 4%&0 *%+*&/- 4./ *%=(.<

    D(.8*( *. -%( 8&*(/*-, **(08*. *& +(?(-&8 E*&8. 4.(%7 %(.&%)(

    %( -0*(+< I* . (.*0*(+ ** &/-7 =&*

    / *( %)-*%- .()*&% . --&)*(+ 4&% *( +(?(-&80(/* &4 4.(%(.

    MOA, "P"SN, .= 8%&%00( 8 *&, 1993F<

    D&)0(/*. .& 4./ / E*&8 . )&/.*%/(+ =7 -); &4 (44)(/*

    /4%.*%)*%( /+ 0%;(*/ /(*&%;< T( /4%.*%)*%( * 4./ .*( .

    /+(?(-&8(+ /+ /+(@*( /+ . +(?&+ &4 *%/.8&%* 4)-*(. *& -/;

    %(0&*( *(% =&+(. * 0'&% )&/.0/ %(.< H%?(.*/ /+

    8%&)(../ *()/&-&7 %( /&* ))(..=-(, *. -0*/ *( .)&8( &4 

    0%;(*/ *& *( /(%(.* -&)- &*-(*. (%( 4. )/ =( .&-+ 4%(.

    00(+*(-7 4*(% )*)/< I/+(@*( (*(/.&/ .(%?)(. /+ -); &4 

    )%(+* 4&% *( 8%).( &4 4./ *&&-. ?( )&/.*%/(+ *( 8%&+)*&/

    6

  • 8/19/2019 Fish Processing Plant

    7/54

    )8)*7 &4 4.(%0(/< A))&%+/ *& +&)0(/*. &=*/(+ 4%&0 "AO, *(%(

    %( /& -. /+ %(-*&/. 4&% 8%&+)*?( *-B*&/ &4 4. %(.&%)(. /+

    8%&*()*&/ &4 )*)0(/*. %(. &% %()();/ +(%+*&/ %&/+ *(

    -;(.< "((+/ =*. &4 *( 8(&8-( . -.& &/( &4 *( )&/.*%// 4)*&%.

    4&% +?/)(+ 4.(%7 +(?(-&80(/* D&)0(/* 4%&0 *( M/.*%7 &4 

    A%)-*%( /+ R%- D(?(-&80(/* -.& /+)*(+ ** 8%(?&.-7 /+ *&

    .&0( (*(/* .*-- *( )&/.08*&/ &4 .( 4&&+. . %(.*%)*(+ *& %=/

    %(. /+ *& .&0( .(.&/. -;( O%*&+& C%.*/ 4.*/ 8(%&+< T* .

    .& =().( *( .&)(*7 *(/+. *& ..&)*( *( )&/.08*&/ &4 .( 4&&+.

    4.F * 4.*/< S& ( )/ (/(%--7 .7 .( 4&&+. %( /&* .- .*8-(

    4&&+. -0&.* / -- 8%*. &4 E*&8< R()(/*-7, &(?(%, *( )&/.08*&/

    &4 .( 4&&+. *%& ( ?( &&+ 8&*(/*- (.8()--7 / .&*(%/ 8%*.

    &4 *( )&/*%7, &% *-B*&/ &4 .( 4&&+. . /&* / *( 7 * .&-+ =(<

    T* . .& =().( / 0&.* ).(. *( 4./ 0(*&+. &/ *( -;(. %(

    *%+*&/-<

    Table !/67 %-+irically +redicted +otential yield and +roduction $orthe -ain 5ater bodies

    La0es Altitude(-)

    Area(0-!)

    Mean de+th(-)

    Potentialannual yield

    (-t)

    Production(-t)

    Ri$t alley

    C0& 12: 55 13

  • 8/19/2019 Fish Processing Plant

    8/54

    A@)-*%( / E*&8 %(0/. 0&%( 8&*(/*- */ )*- 8%)*)(J

    +(.8*( *( 4)* ** *( )&/*%7. 87.)- /+ .&)&>()&/&0) )&/+*&/.

    .88&%* *. +(?(-&80(/*< E*(/.?( @)-*%( / *( 4&%0 &4 .*&);/

    /+ (//)/ %*4)- -;(., %(.(%?&%. /+ .0-- *(% =&+(. . =((/

    8%)*)(+ ./)( 19#5 *%& *( S(=(* ". %((+/ /+ R(.(%)

    C(/*%( /& %(.(%) / &4 *( E*&8 A%)-*%- R(.(%)

    O%/B*&/F< I/ *( 8(%&+, &?(% 2

  • 8/19/2019 Fish Processing Plant

    9/54

  • 8/19/2019 Fish Processing Plant

    10/54

    A 8(%&+ -&/(% */ # 7(%. %(@%(. +().&/. &4 *( C&/)-

    &4 M/.*(%.<

    • A/ /?(.*&% & (8&%*. * -(.* 5 &4 . 8%&+)*. &% .88-7 &/-7

    *& *( +&0(.*) 0%;(* .-- =( (-=-( /)&0( * ((08*&/ 4&% 27(%.<

    o U/+(% .8()- )%)0.*/)(., *( "(+(%- I/?(.*0(/* &%+

    07 %/* /)&0( * ((08*&/ 4&% /&* -&/(% */ 5 7(%.<

    A 8(%&+ -&/(% */ 5 7(%. %(@%(. +().&/. &4 *( C&/)-

    &4 M/.*(%.

    C.*&0 D*7

    • A/ /?(.*&% -- =( --&(+ *& 08&%* +*7 4%(( )8*- &&+. /+

    )&/.*%)*&/ 0*(%-. /()(..%7 4&% *( (.*=-.0(/* &4 /(

    (/*(%8%.( &% 4&% (8/.&/ &4 / (.*/ (/*(%8%.(

    • I/ ++*&/, / /?(.*&% %/*(+ * ).*&0 +*7 ((08*&/

    8%?-(( .-- =( --&(+ *& 08&%* +*7 4%(( )8*- &&+.

    /()(..%7 4&% . (/*(%8%.(

    • S8%( 8%*. /&* %(*(% */ 15 &4 *( *&*- ?-( &4 *( )8*-

    &&+. .-- =( ?(/ *( .0( 8%?-((<

    T( 4. 8%&)(../ .= .()*&% . /&* /+(% %(. %(.(%?(+ *& +&0(.*)

    /?(.*&%., *. * . &8(/ *& /*(%/*&/- /?(.*&%.<

    2.2 Target -ar0et

    "&% *( %(.&/ &4 +(0/+ &4 4. 8%&+)*. / *( EU, M++-( E.* /+

    S&0( A4%)/ C&/*%(., *( 8%&+)*. &4 *( 8%&'()* %( 0/-7 .&-+ *&

    10

  • 8/19/2019 Fish Processing Plant

    11/54

    *( (8&%* 0%;(* /+ =&* 2 &4 *. 8%&+)*&/ . (8()*(+ *& =(

    .88-(+ *& *( +&0(.*) 0%;(* &4 E*&8<

    2.3 Analy2ing International Fish Trade

    2.3.1 Fish Production

    T& /+(%*;( *%+(, +(@*( 8%&+)*&/ . / 08&%*/* 4%.*

    %(@%(0(/*< (*((/ 1963 /+ 23, ( &=.(%?( ./4)/* /)%(.(. /

    4. 8%&+)*&/ * *( -&=- -(?(- 2 8(%)(/*F, /+ 4&% +(?(-&8/

    )&/*%(. !2 8(%)(/*F< T( +(?(-&8(+ )&/*%(. /)%(.(+ *(%

    8%&+)*&/ =7 &/-7 29 8(%)(/* &?(% *(.( 4&% +()+(.< A. 0**(% &4 

    4)*, 8%&+)*&/ =7 +(?(-&8(+ )&/*%(. . )&/*/&.-7 +()-/(+ &?(%

    *( 8.* .(?(/ 7(%.< H&(?(%, 4. 8%&+)*&/ * -- -(?(-. /)%(.(+

    4.*(% */ *( 0/ 8&8-*&/< T( 8(%4&%0/)( &4 *( +(?(-&8/

    )&/*%(. . &-( . 8%*)-%-7 /&*(&%*7< I/ =&* %&8/. &4 

    )&/*%(., -( *( 0/ 8&8-*&/ 0&%( */ +&=-(+ =(*((/ 1963

    /+ 23, 4. 8%&+)*&/ /)%(.(+ &?(% 4&%>4&-+ /+ .(?(/>4&-+

    %(.8()*?(-7< T(.( /)%(.(. ?( +()%(.(+ *( .%( &4 *( +(?(-&8(+

    )&/*%(. / -&=- 4. 8%&+)*&/ 4%&0 56 8(%)(/* *& 23 8(%)(/* &?(% *.

    8(%&+< 7 23 *( +(?(-&8/ )&/*%(. ))&/*(+ 4&% &?(% *%((>

    @%*(%. &4 -&=- 4. 8%&+)*&/ T=-( 2

  • 8/19/2019 Fish Processing Plant

    12/54

    D(?(-&8/2

    *(% 4. 8%&+)*&/, =().( * . *( /*%- %(.&%)( ** %(@%(. *(

    -(.* -(+ *0( 4&% +(?(-&80(/*< E//)(+ 8%&+)*&/ . =((/ *( %(.-*

    &4$ F ..*/(+ (44&%*. =7 *( %(.8()*?( )&/*%(. / )8*%( /+ )-*%(

    4.(%(.J F +(?(-&80(/* ...*/)( / *( %(-0 &4 4.(%(., &4*(/

    8%&?+(+ =7 *( +(?(-&8(+ )&/*%(. /+ 0-*-*(%- + (/)(.J /+

    F 4&%(/ +%()* /?(.*0(/*< A0&/ *( )&/*%(. (0/(+ / *.

    .*+7, *&.( ** 4)(+ =%%(%. &/ *( 8* *& 4.(%(. +(?(-&80(/*

    (%( 8%0%-7 *&.( ** (8(%(/)(+ 8&-*)- )&/.*%/*. /+ *%0&-<

    Na-ibia . *( )-..) (08-( &4 *. /*- * **/(+ /+(8(/+(/)( /

    199< A/&*(% . Nicaragua, (%( 4. 8%&+)*&/ / 23 . &/-7

    22 *&//(. 4% =(-& 8&*(/*- /+ -(.. */ (?(/ ** &4 *( .0--

    .-/+ .**( &4 Fi,i, ) 8%&+)(+ 3! 6 *&//(.< I/ *( ).( &4 

    Na-ibia ./)( )&/.*%/*. (%( %(0&?(+ 4*(% /+(8(/+(/)(, 4.(%(.

    ?( =()&0( )&%/(%.*&/( &4 +(?(-&80(/* 4&% ** )&/*%7< ?ra2il

    enegal /+ ri Lan0a ?( /&* (8/+(+ *(% 4. 8%&+)*&/ * *(

    ?(%( 8)( &4 *( +(?(-&8/ )&/*%(. &?(% *( 4&% +()+(.< H(%(

    /, / S% L/;, *( (*/) )&/4-)*. / *. /&%*(%/ *(%%*&%(. (%( /

    08&%*/* ).( &4 *. .*/*&/< ". 8%&+)*&/ / Ghana 3enya

    Thailand the Phili++ines /+ Fi,i . %.(/ 4.*(% */ *( ?(%(

    %*(. 4&% +(?(-&8/ )&/*%(.< Chile, *& 0&/ *( &%-+. -%(.*

    4. 8%&+)(%., ))&/*/ 4&% !

  • 8/19/2019 Fish Processing Plant

    13/54

    T( *%(( =%&+ %(-0. &4 4. 8%&+)*&/ %( 0%/( )8*%(, /-/+

    )8*%( /+ @)-*%(< T(% .%(. / *( *&*- ?( )/(+ %+)--7

    =(*((/ 1963 /+ 23< I/ *( %(-0 &4 0%/( /+ /-/+ )8*%(

    4.(%(., . 0/7 . 15 +(?(-&8/ )&/*%(. 4(*%(+ / *( -.* &4 *(

    *&8 5 4.>8%&+)/ /*&/.< T(.( /*&/. ))&/*(+ 4&% *%+ &4 

    -&=- )8*%( 4. 8%&+)*&/< T( 8)*%( / @)-*%( . 0&%(

    +%0*)< D(?(-&8/ )&/*%(. / 23 8%&+)(+ 3!

  • 8/19/2019 Fish Processing Plant

    14/54

    /0- 8%&*(/ )&/.08*&/, . 4&% (08-( / A%(/*/, Nicaragua /+

    Na-ibia (?(/ 0%/( 8%&+)*&/ 07 =( -%(-7 (8&%*(+< U.--7,

    %./ @)-*%( 8%&+)*&/ /+ /)%(.(. / 4. 8%&+)*&/ 4%&0

    )&/*%(. * -& 8%(4(%(/)( 4&% 4.>(*/ -- -(+ *& %(*(%

    @/**(. &4 4. (/*(%/ /*(%/*&/- *%+(<

    ". 8%&+)*&/ / +(?(-&8/ )&/*%(. . /)%(.(+ / -- *%(( %(-0.

    0%/( /+ /-/+ )8*%( /+ @)-*%( &?(% *( -.* 4&%

    +()+(.< I/ 0%/( )8*%(, +(?(-&8/ )&/*%(. ?( )* 8 *

    *( +(?(-&8(+ )&/*%(.< I/ /-/+ )8*%( /+ @)-*%(, *(7 ?(

    =()&0( *( &%-+ -(+(%.< P%&+)*&/ /)%(.(. / @)-*%(, =(/

    0&%( 0%;(* &%(/*(+, *(/+ *& =&&.* /*(%/*&/- 4. *%+(<

    Table !/; Trends in $ishery +roduct e8+orts and i-+orts ('

    billion) Figures in brac0ets are = change o$ !""; o4er

    6#

  • 8/19/2019 Fish Processing Plant

    15/54

    4.0(- *& *( U/*(+ S**(.< T( )-&./ &4 *( C/(.( 0%;(* 4*(% *(

    19!9 %(?&-*&/ )%(*(+ = 8 / *( .88-7 &4 4.(%7 8%&+)*. / *(

    &%-+ 0%;(*< A. %(.-*, 0'&% 4. 08&%*(%. .) . *( U/*(+ S**(.

    /+ )&/*%(. / E%&8( (%( )&08(--(+ *& .(%) 4&% /( .&%)(. &4 

    .88-7 4&% 4.(%7 8%&+)*. .) . *%&8)- .%08< I/+ /+ Thailand

    (%( 0&/ *( 0'&% =(/(4)%(. &4 *. .88-7 8< T( %.( / &-

    8%)(. /+ *( .8*( &4 EEZ (*(/.&/. / *( -*( 19#. /+ (%-7 19:.

    0+( )&/*%(. .) . 8/ )* =); &/ *(% &/ 4. 8%&+)*&/

    &=*/(+ ./ +.*/* *(% ?(..(-.< T(7 +&8*(+ *( .*%*(7 &4 

    08&%*/ 4. 4%&0 *( .0( +(?(-&8/ )&/*%(. (%( *(% ?(..(-.

    &/)( 4.(+< I/+&/(., the Phili++ines /+ I/+ *. =()0( 0'&%

    .88-(%. *& *( 8/(.( 0%;(*< T( 4&%0(% *& )&/*%(. %()(?(+ +

    4&% 4.(%(. +(?(-&80(/*< T. )0( *& =( )--(+ *( +(?(-&80(/*

    08&%* .*%*(7<

    "AO &-+. .7.*(0*) +* &/ /*(%/*&/- *%+( / 4.(%7 8%&+)*. 4%&0

    19#6 &/%+.< A))&%+/ *& *(.( +*, =7 19#6 +(?(-&8/ )&/*%(.

    + -%(+7 ))&/*(+ 4&% =&* 3# 8(%)(/* &4 *( ?-( &4 (8&%*., =*

     '.* 13 8(%)(/* &4 08&%*.< T(% .%( &4 (8&%*. /)%(.(+ *& !: 8(%)(/*/+ 08&%*. *& 1: 8(%)(/* =7 23 T=-( 2(?+(/*< T(% /*%- /+

    )&08%*?( +?/*( -(. / *. %(-0< H&(?(%, ?(/ *( 8(/&0(/-

    /)%(.(. / *&*- 8%&+)*&/, . (-- . .4*. &4 8%&+)*&/ *& %(-0.

    ** %( 0&%( (8-)*-7 *%+( &%(/*(+, *( 4&%7 &4 +(?(-&8/ )&/*%(.

    /*& /*(%/*&/- *%+( . %(-*?(-7 -(.. 08%(..?( /+ )&/.*%/(+<

    T( -&=- ?-( &4 4. 08&%*., / /&0/- *(%0., /)%(.(+ =7 =&*

    6#3 8(%)(/* 4%&0 US:

  • 8/19/2019 Fish Processing Plant

    16/54

    T(%( %( 08&%*/* %(&/- /+ )&/*%7 ?%*&/.< "&% (08-(, *(

    %&-( &4 4. 08&%*. /*& W(.* A4%)/ )&/*%(. .) . CQ*( +I?&%(,

    N(% /+ Ghana /+ /*& &*(% )&/*%(. .) . E78*, ?ra2il ri

    Lan0a /+ the Phili++ines

    O?(% *( -.* @%*(% )(/*%7, *( ?-( &4 +(?(-&8/ )&/*%(. (8&%*.

    /)%(.(+ .=.*/*--7, *& *(% .%( &4 -&=- *%+( %&.( &/-7

    0%/--7< H&(?(%, *(% (8&%* 8(%4&%0/)( 8-(. =(4&%( *(%

    8%&+)*&/ 8(%4&%0/)(< T(% ?-( &4 08&%*. /)%(.(+ *&4&-+, =*

    *(% .%( / -&=- 08&%*. &4 4. 8%&+)*. %(0/(+ )&/.*/*< T(

    8%&%*7 ))&%+(+ *& (8&%*. . )-(%-7 (?+(/*, /+ %(*(% +%()* /+

    /+%()* 4&&+>.()%*7 08-)*&/. %( -;(-7 *& %.( 4%&0 *.<

    2.3.4 Fish Trade and Fish Prices

    T(%( . /&*(% 7 *& /-7B( *( ..( &4 *( .-&/ +&/ &4 *(

    %&* &4 *%+( =7 (0// *( 8%)(. %()(?(+ 8+F 4&% *( 4.

    (8&%*(+ 08&%*(+F< "&% *( 8%8&.( &4 )&08%=-*7, ( (8%(.. *(.(

    8%)(. . *( /* ?-( &4 *( -?( (* UVLWF &4 (8&%*. /+

    08&%*.< 7 *;/ -?( (* %*(% */ 8%&+)* (*, ( 0&?(

    *&%+. %(*(% 8%&+)* &0&(/B*&/, =().( (8%(../ *( ?.*

    +?(%.*7 &4 4.(%7 8%&+)*. / *(% (*>(* *(%0. 08-(. (@-B/

    *(0 / *(%0. &4 *(% 4&&+ ?-(. T=-( 2

    T;/ *( +(?(-&8/ )&/*%(., ( .(( ** *( UVLW 4&% (8&%*.

    /)%(.(+ 0%/--7 / *( 8%(>WTO 8.(, 4%&0 US2 39 *& 2

    !#6*&//(, /+ *(/ +%&88(+ ./4)/*-7 / *( WTO 8.( *& US1#63*&//(< H&(?(%, *( UVLW 4&% 08&%*. +()%(.(+ 0%/--7 / *(

    8%(>WTO 4%&0 US3: *& 2##*&//( /+ *(/ /)%(.(+ 0%/--7 / *(

    WTO 8.( *& US2:3*&//(< T( 08)* &4 /4-*&/ . /&* )&/.+(%(+,

    . *( ?-(. .**(+ %( / )%%(/* 8%)(.< T( *%(/+. ( &=.(%?( / *(

    16

  • 8/19/2019 Fish Processing Plant

    17/54

    8&.*>1995 WTO 8.( %( /& ).( 4&% )(-(=%*&/< "%&0 *( 4&&+>?-(

    8(%.8()*?(, *( (%// 8(% /* &4 +(?(-&8/ )&/*%(. (8&%*. %(+)(+

    +%/ *. 8(%&+, -( *( /* )&.* 8+ 4&% 08&%*. /)%(.(+<

    M&%( )&/?(/*&/- *%+( /-7.., 4&% (08-( *;/ *( =%*(% *(%0. &4 *%+(, +&(. /&* 8/* %&.(% 8)*%( &4 *( *%(/+. &/ *( %(*(

    T=-( 2++(+ 8%&+)*.< &* *(.( &8*&/. %( -0*(+< A %&

    (.*0*&/ &4 -&..(. &/ *. .)&%( . %(?(-/< C&/.+(% *( ).( &4 

    .%08, *( 0.)&* &4 +(?(-&8/ )&/*%(. 4. (8&%*.< I/ 2 *(

    ?-( &4 -&=- .%08 (8&%*. -- 8%&)(.. 4&%0.F . ?-(+ * US11

    =--&/ /+ *( +(?(-&8/ )&/*%(. .%( . =&* *%+ &% US3?-( 8(%.8()*?(, *( /* (%//. 4%&0

    (8&%*. &4 +(?(-&8/ )&/*%(. ?( %(+)(+ 0&%( %8+-7 */ *( )&.*

    8+ &* 4&% /* &4 08&%*< T( )&/?(/*&/- *(%0. &4 *%+( / 4.(%7

    8%&+)*. 4&% +(?(-&8/ )&/*%(. ?( +(*(%&%*(+ / *( WTO 8.(<

    T( 8&*(/*- (%//. -&.. *& *(% ()&/&0(. . =((/ )&/.+(%=-(,

    * **(/+/* 4&&+>.()%*7 08-)*&/.<

    17

  • 8/19/2019 Fish Processing Plant

    18/54

    Table !/B 'nit 4alue o$ li4e 5eight ('L) o$ de4elo+ing

    countries $ishery +roduct i-+orts and e8+orts

    *ear

    I-+ort +rice

    Inde8

    %8+ort +rice

    Inde8(' +er

    tonne)

    (' +er

    tonne)199 3: 1 2 39 11995 2## 9 2 !#6 132 2:3 92 1 #63 #!

    Table !/ Fishery +roduct ter-s o$ trade (+roduct 5eight)

    Region 6#

  • 8/19/2019 Fish Processing Plant

    19/54

  • 8/19/2019 Fish Processing Plant

    20/54

    T( E/*(%8%.( . (.*=-.(+ /0=(% &4 4. )&--()*&/ %()(?/F

    )(/*(%. &% .**&/. / +44(%(/* 8%*. &4 *( )&/*%7 (%( 4./ .

    )&/+)*(+< H&(?(% *( 0'&% 4. %()(?/ /+ /+-/ &%; . =(/

    +&/( * *( =%/)(. -&)*(+ / A%= M/), Z7 /+ % D%<

    Local For-al ector (Ne5 %ntrants)

    Table !/:7 Co-+anies registered 5ith the In4est-ent Authority tobe in4ol4ed in Fish Processing (Ne5 %ntrants)

    No Na-e o$ In4estorRegion o$ 

    In4est-ent

    CityE To5no$ 

    In4est-ent

    Ca+ital("""?irr)

    In4est-enttatus

    1A08-(0(/**&/

    2T% 0(+M&00(+ (-.4(

    A0% % D% 1,9:# P%(>I08-(0(/**&/

    3V**&%/& V(BB(% /+)%-& T-%)& PLC

    SNNPR A%=0/) 9,59 P%(>08-(0(/**&/

    !CARLO TALARICO SNNPR 9,35 P%(>I08-(0(/**&/

    5O0& W(/B( ".T%+/ PLC

    SNNPR W&-* S&+& #,5 O8(%*&/

    6A*-*. (*&8 PLC SNNPR A%= M/) :,# P%(>08-(0(/**&/

    #P.)- L4(/(*(% A++. A== A++. A== 1#,5! I08-(0(/**&/:H.0 A=+(-;%0 A++. A== A++. A== 2, P%(>

    08-(0(/**&/9KO> /*(%/*&/-PLC

    A++. A== 1!,62 P%(>I08-(0(/**&/

    1A.%4 I/+.*%-G%&8 PLC

    M-*%(&/- 12,951 I08-(0(/**&/

    11"(;+ A0=7( A++. A== A++. A== 1,915 P%(>I08-(0(/**&/

    S&%)($ E*&8/ I/?(.*0(/* A*&%*7

    A. *( =&?( *=-( /+)*(. 0&.* &4 *( +(.)%=(+ 4%0. %( %(-*?(-7

    * =(**(% /?(.*0(/* )8*- /+ . %(.-* (8()*(+ *& )&08(*( (--

    * *( 8%&'()*<

    2.4.3 Mar0et Pros+ect

    20

  • 8/19/2019 Fish Processing Plant

    21/54

    ". 8&*(/*- &4 *( )&/*%7 )/ =( 8-)(+ * =(*((/ 3

  • 8/19/2019 Fish Processing Plant

    22/54

    -- ?( ..*/=-( % 0*(%- /8*. /+ ?(. )&08(**?(

    +?/*( &?(% *. )&08(**&%.<

    3.2 u++ly o$ Ra5 Materials

    3.2.1 u++ly o$ Li4e Fish

    3.2.1.1 Fingerlings Far-s

    T( *%(* . 0/4)*%/ &4 1=%(+/ -- 8%&?+( 1 0-( 4/(%-/.<

    T( )%&..>=%((+ =(*((/ M-( A% /+ "(0-( N-&*) G/ =%((+.

    -- 8%&?+( 99

  • 8/19/2019 Fish Processing Plant

    23/54

    3.2.1.2 Fish Far-s

    T( 4%0 -- =-+ *& 4. 4%0. / *( L;( T/, () &/( 8%&+)/

    3 *&/ 8(% 7(%< "%0 .B( . .& / *( 4%( =(-&<

    "&% () 4. *& =( 0%;(* *( 4%0 .&-+ %()(?( 1

  • 8/19/2019 Fish Processing Plant

    24/54

  • 8/19/2019 Fish Processing Plant

    25/54

    8%&)(..(. 4&% =&* ! &%.< "&% *( =&?(>0(/*&/(+ )8)*7 2 )&&;(%

    */;. &4 1, -* (), 4&% 2 .4* &%;/ +7 (%( )-)-*(+<

    A4*(% )&&;/ *( % 0*(%- . *%/.4(%%(+ *& *( 8(%)&-*&%, *(/ ?

    .)%( )&/?(7&% *& *( 8%(.. 4&% *( (*%)*&/ &4 *( 4* 4%&0 *( 0(-<T( 4. 0(- . *(/ *%/.4(%%(+ ? .)%( )&/?(7&% *& *( %/+(% /+

    4*(% %/+/ *& )&/*/(%. &% =. /+ +.8*)(+ *& 4((+/ 0(- .*&%(<

    ". 4* . 8%(..(+ *%& .(?( /+ +()/*(% /+ *%/.4(%%(+ *& .*&%(

    */;.< ". 4* . )&00(%)-B(+ *& 4((+/ 0(- +(-(%. &% .(+ *&

    8%&+)( =& +(.(-<

    ?io > Diesel +roduction +rocess

    ". 4* . *%/.4(%%(+ *& *( %()*&%. *&(*(% * -7)(%&- /+ 0(*/&-

    . )*-7B(%.< A4*(% *( %()*&/ *( % 0*(%- . *%/.4(%%(+ *& *(

    .(+0(/**&/ */;< T( .(+0(/* . .(8%*(+ *& )&/*/(%. /+ =); *&

    G-7)(%&- /+ M(*/&- 4&% %(8(*(+ .(< T( % 0*(%- . *%/.4(%%(+

    *& *(% ./ */; *( %(.-*/ & D(.(- . *(/ .*&%(+ / */;.<

    E8()*(+ 7(-+ &4 1 *&/ 4. 4* . =&* :5 9 =& +(.(-<

    O*(% 0*(%-. %(@%(+ / 4. 8%&)(../ %( )%*&/ /+ 8-.*) =<

    &* )%*&/ /+ 8-.*) =. .(+ . %8/ *( 4--(*< I/ ++*&/ 8-.*)

    =&**-(. %( %(@%(+ . )&/*/(% 4&% .(.0( .((+ /+ =& +(.(- &-<

    3.3 Consu-+tion and Cost o$ Ra5 Materials

    G(/(*) -/(. %( %(@%(+ &/)( * *( =(/// &4 *( 8%&'()*< T(

    4)*&%(. -- =7 (/(*) -/(. 4%&0 ;/&/ (/(*) /.***( * )&.* &4 

    5, USD<

    "&&+ +?(%.&/ . 1$2 .& 55 6 *&/ -- =( /((+(+< "/(%-/. 4&&+

    -- =( 35 8%&*(/ /+ 4**(// 3 8%&*(/< ". 4&&+ . 0'&%

    4//)( (-(0(/* #5>:5 4%&0 8%&+)*&/ )&.*<

    25

  • 8/19/2019 Fish Processing Plant

    26/54

    "&% 1 ; 4--(* &/( 8()( &4 )%*&/ * +0(/.&/ &4 29

  • 8/19/2019 Fish Processing Plant

    27/54

    D%()* M*(%-.

    W.*( 4%&0 4--(*/ 8-/* *&/(. !5 5625 #5

    A-%7 M*(%-.

    1.P-.*) =&**-( 5 F

    P). #2 9 12

    2. P-.*) =&**-( 35 F P). 36 !5 6

    Table ;/! 'nit +rice and annual cost o$ -aterials

    Descri+tion'nit+rice

    *ear 6 *ear ! *ear ;

    Filleting +rocessing +lant

    D%()* M*(%-.

    1. "&&+ 4&% 4/(%-/. 2#,2: !91,! 6,16 :1:,!

    2. "&&+ 4&% 8%(/*. 2,13 2!1,56 31,95 !2,6

    3. "&&+ 4&% *%// 5,55 2,99#, 3,#!6,25 !,995,

    4. "&&+ 4&% 4**(// !,!5 :,2##, 1,3!6,25 13,#95,

    A-%7 M*(%-.

    5. C%*&/ 12 3,2!, 3,#:, 5,!,

    6. P-.*) = 13 #,2 :#,#5 11#,

    esa-e seed oil +lant

    D%()* M*(%-.

    S(.0( .((+ 5, 69,, :6,25, 115,,

    A-%7 M*(%-.

    P-.*) =&**-( 3 36, !5, 6,?io > diesel oil +lant

    D%()* M*(%-.

    W.*( 4%&0 4--(*/ 8-/* > > > >

    A-%7 M*(%-.

    1. P-.*) =&**-( 5 F ! 2::, 36, !:,

    2. P-.*) =&**-( 35 F 3 1,:, 1,35, 1,:,Total H"BH"" 6":H:

  • 8/19/2019 Fish Processing Plant

    28/54

    %(@%(+ 4&% 4)*&%7 /+ &44)( =-+/ -*. /+ &*(% (/(%- .(%?)(.<

    L& ?&-*(, *%((>8.( 3: !V, 5HBF /+ ./-(>8.( 22>

    2!V, 5HBF 8&(% . %(@%(+ 4&% *( %/// &4 -- (@80(/* /+

    0)/(%7 / *( 8-/*< T( .88-7 &4 8&(% -- =( 4%&0 *( /*&/- %+

    &8(%*(+ =7 *( E*&8/ E-()*%) P&(% C&%8&%*&/ EEPC&F< I* .

    (.*0*(+ ** *&*- &4 1 KVA 8&(% . %(@%(+, ) )&-+ =(

    .88-(+ 4%&0 15;V &?(%(+ 8&(% -/( 8../ =7 *( 8-/* .*(< A

    .*(8>+&/ *%/.4&%0(% -- =( %(@%(+ *& %(+)( *( ?&-*( *& 3:22

    V<

    W*(% . .(+ 4&% +%/;/, 4)*&%7 )-(//, *&-(*., ./ /+

    %+(//< W*(% .88-7 -- =( %%/(+ =7 *( W*(% S88-7 A*&%*7/+ *( +-7 )&/.08*&/ -- =( 8 *& 2 03<

    IV. PANT L1CATI1N AND %NIR1NM%NTAL

    C1NID%RATI1N

    4.1 Location

    T/ L;( )&/*/. 4%(. *(% /+ %(-*?(-7 %*( &4 0)%&&%/.0<

    T/ L;( . / +(- 8-)( *& -&)*( / 4. 4%0. / )(. /+ .8()--7

    T-8< S*(. .&-+ =( )%(4--7 8);(+, *;/ /*& )&/.+(%*&/ -&)-

    .= .*%(0. /+ &7(/ -(?(- / *( *(%<

    S(?(/ /+%(+ 4. )(. / *( .B( &4 555 *& =( /.*--(+ / +(4/(+

    .*(. / *( -;(< T( =%((+/ .7.*(0 -- =( -&)*(+ &/ *( .*( &4 *(

    4)*&%7 .(?(/ ;-&0(*(%. 4%&0 *( -;(< T( -&)*&/ &4 *( 8-/* -- =(.(?(/ ;-&0(*(%. 4%&0 *( -;(<

    T& .*(. -- =( .(-()*(+ *& &-+ *( )( .7.*(0< E?(%7 .*( -- &-+

    8%&+)*&/ /* &4 2>3 *&/< E?(%7 4%0 -- &-+ 19 *%// )(.

    /+ #! 4**(// )(.< T&*- /?(.*0(/* / (?(%7 4%0 -- =(

    28

  • 8/19/2019 Fish Processing Plant

    29/54

    88%&0*(-7 1

  • 8/19/2019 Fish Processing Plant

    30/54

    - S-%+ C*4. 1 *&/+7

    - %=. C%8 6 *&/+7

    Total B" tonEday

    A4*(% 4--(*/, -- 4. %( 8);(+, ((+ /+ *%/.4(%%(+ *& 4%((B/ /+>1:&C .*&%( /*- +.8*)< P%&+)*&/ &*8* . =.(+ &/ 8-/* &%;/

    &/( 1 &% .4*

    Filleting +rocess7

    R()(?( 4. / 8-.*) )%(*(., )&?(%(+ / )( 4-;(.< S*&%( / &C )&-+

    .*&%(< P%&)(../ &/ +(0/+ &4 8%&+)*&/< T(/ *%/.4(% *( 4. /*&

    )&/*/(% 4%&0 ) -& )&/?(7&% *;(. *( 4. *& *( %*- =-&&+

    -(**/ *=-(.< A *=-( 4%&0 () .+( &4 *( )&/?(7&% -(**/ &8(%*(+ &/

    *( *=-( 2 *=-(. &/( 4%&0 () .+( &4 *( )&/?(7&%F< A/ 88(%

    )&/?(7&% *;(. *( 4. *& *( =-((+/ *(% */;, D( .)-/ 0)/(

    /+ W./ /+ +./4()*&/ */;

    Filleting roo-7

    A4*(% ./ /+ +./4()*&/ *( 4. . *%/.4(%%(+ ?- )&/?(7&% &% .-+(

    *& 4--(*/ %&&0 (%( 4. &0( %(0&?-, .;/ %(0&?- /+ 4/-

    *%00/ *;( 8-)(< T(/ 4--(* / *%7. . *%/.4(%%(+ *& 4%((B/ &/

    .*/-(.. .*((- *%&--(7.<

    Free2ing

    ". 4--(* *%&--(7. %( (-+ / 4%((B/ /*- *( *(08(%*%( / *( )(/*(%

    &4 *( 8%&+)* -- %() >1:&C< A4*(%%+. *( *%&--(7 . *%/.4(%%(+ *&

    *( 8);/ %&&0<

    Pac0ing

    30

  • 8/19/2019 Fish Processing Plant

    31/54

    (4&%( 8);/, *( 4. / *( 8);/ %&&0 %( *%/.4(%%(+ *& )&-+

    *(% */; 4&% -B/< T( 4. . 8);(+ 4&% ?%&. )&00(%)-

    +(0/+.$ =-; 8);(, *%7., =. /+ )%*&/ 8);(< A4*(% &-(.-(

    8);/ / )%*&/., .(-/, (/ /+ -=(-/ *%/.4(%%(+ *&

    .*&%( / 1:&C /*- +.8*)<

    5.2 Details o$ Cost %sti-ateE In4est-ents

    T( /?(.*0(/*. %(@%(+ 4&% *( 8-/* )/ =( %&8(+ / *(%0. &4 *(

    *78( &4 )*?*(. *( )&08/7 -- /?&-?(+<

    5.2.1 Machineries and e.ui+-ents

    Ite- Descri+tion tyTotal Price in

    'D

    Fishing syste-  

    1"./ &*. * A))(..&%(. 5 16,5

  • 8/19/2019 Fish Processing Plant

    32/54

    21O7(/B(%. 1 65,

  • 8/19/2019 Fish Processing Plant

    33/54

  • 8/19/2019 Fish Processing Plant

    34/54

    ub total :H""""

  • 8/19/2019 Fish Processing Plant

    35/54

  • 8/19/2019 Fish Processing Plant

    36/54

    1"%0 P%(.+(/* 1 2, 2!,

    2CEO 1 15, 1:,

    3"//. M/(% 1 1, 12,

    !P%&4(..&/- A...*/)( ! :, 3:!,

    5M/ P&(% M/(% 1 :, 96,

    6P%)./ M/(% 1 :, 96,

    #A...*/)( 2 6, 1!!,

    :S()%(*%7 6 2, 1!!,

    9A))&/*/ M/(% 1 :, 96,

    1A...*/)( 6 6, !32,

    11L(- D?.&/ 2 :, 192,

    12M/*(//)( 2 5, 12,

    13C-(// 2 1, 2!,

    1!D%?(%. 2 1,5 36,

    15M(..(/(%. 2 5 12,

    16G%+ 6 1, #2,

    Total B" !;HH"""

    Pro$essionalection

    1P%&4(..&/- M/(%"&%(/(%F

    1 13, 156,

    2L&)- P%&4(..&/- G+(. 3 1, 36,

    3H(+ V(*(%/%/ 1 :, 96,

    !V(*(%/%/ 3 6, 216,

    5&-&.* 1 6, #2,

    6S()%(*%7 2 2, !:,

    #D%?(%. 2 1,5 36,

    Total 6; #HB"""

    Manu$acturingection

    1M/(% 1 :, 96,

    2S()%(*%7 1 1,5 1:,

    3A))&/*/* 1 6, #2,

    !A...*/* 1 !, !:,

    5M%;(*/ M/(% 1 :, 96,

    6P%).(% 1 1,5 1:,#D%?(%. 1 1,5 1:,

    :C-(// 2 1, 2!,

    Total # ;#""""

    Fingerlings Far-1"&%(/ E8(%* 1 13, 156,

    36

  • 8/19/2019 Fish Processing Plant

    37/54

    2L&)- V)( P%(.+(/* 1 13, 156,

    3D.*%=*&% 1 6, #2,

    !S()%(*%7 1 1,5 1:,

    5S8(%?.( > P%(/*. 1 !, !:,

    6S8(%?.( > "/(%-/. 1 !, !:,

    #"((+/ W&%;(%. 2 2, !:,:P&/+ W&%;(%. 1 2, 2!,

    9E-()*%)/ 1 2,5 3,

    1P-0=(% 1 2,5 3,

    11M/*(//)( 2 3, #2,

    12W%(&.( 1 3, 36,

    13C-(// 1 1, 12,

    1!G%+. ! 1, !:,

    15D%?(%. 2 1,5 36,

    Total ;" 6"""""Fish Far-s

    1S**&/ M/(% 1 :, 96,

    2S()%(*%7 1 1,5 1:,

    3A))&/*/* 1 !, !:,

    !"**(// S8(%?.&% 1 !, !:,

    5"((+/ W&%;(%. 1: 2, !32,

    6P&/+ W&%;(%. 1: 2, !32,

    #C( M/*(//)(W&%;(%.

    5 3, 1:,

    :W%(&.( A/+ N(*W&%;(%.

    2 3, #2,

    9G%+. 6 1, #2,

    1D?(%. ! 1,5 #2,

    11C-(// 2 1, 2!,

    Total # 6B#B"""

    Grand Total 66 :;":"""

    VII. PR1K%CT IMPL%M%NTATI1N C9%D'L%

    W( (8()* *( =/; *& ?- -&/ 4&% *( # &4 *( *&*- )8*-< I/ *(

    0(/ *0( *( *%/.4(% &4 3 )8*- -- =( *%/.4(%%(+ 4%&0 &%

    ))&/*< S*( 8-/ 8%(8%*&/ /+ )&/.*%)*&/ -- =( +&/( / -(.. */

    ! 0&/*.J *( &.(. -- =( %(+7 4&% /.*--*&/ /+ .*%* 8 &4 *(

    0)/(%7< I/ 8%(8%*&/ *0(, *( *-*(. -- -.& =( %(+7 -;(

    37

  • 8/19/2019 Fish Processing Plant

    38/54

    /.*--*&/ &4 (-()*%)*7, *(%, *(-(8&/( -/(. (*)< I/.*--*&/ &4 

    0)/(%7 -- *;( &/( 0&/*<

    "&--&/ *( )&00(/)(0(/* &4 *( )&/.*%)*&/. &4 &.(., *(

    08&%**&/ 8%&)(.. &4 *( 0)/(%7 /+ .&0( &*(% (@80(/* -- *;(8-)(< S+( =7 .+(, *( *%// &4 .*44. -- =( +&/(< T%// -- *;(

    8-)( / *( 8%&)(.. &4 /.*--*&/ /+ *(/ 4*(%< O% 8%&+)*. -- =( &/

    *( 0%;(* =7 *( (/+ &4 . 0&/* 4*(% 88%&?- &4 *( -&/<

    7.1 Pro,ect i-+le-entation e8+ense

    I* . ..0(+ .&0( )&.*. -- =( /)%%(+ .) . 4&% 4(.=-*7 .*+7J

    (/(*) -/(. 8%&+)*&/ ;/&>& *%/.4(% *%// &4 &%;(%.FJ /+

    +(.// )&.*< T(.( )&.*. %( . 4&--&$

    ?irr

    1< "(.=-*7 .*+7

    2< G(/(*) -/(. USD 5,F

    3< P%&+)*&/ ;/&>& *%/.4(% *%// &4

    &%;(%.F

    !< D(.// )&.*

    5,

    5,551,25

    1,3,

    5,

    Total +ro,ect i-+le-entation e8+ense

  • 8/19/2019 Fish Processing Plant

    39/54

    Figure

  • 8/19/2019 Fish Processing Plant

    40/54

    VIII. FINANCIAL T'D*

    8.1   In4est-ent 1utlay

    8.1.1 Planned In4est-ent Cost

    A. /+)*(+ /+(% T=-( =(-&, *( *&*- 8-//(+ /?(.*0(/* )&.* &4 *(

    8%&'()* . =&* %% 192,61,!#6< O* &4 ) %% 13!,:2#,333 . 4//)(+

    =7 =/; /; -&/F /+ *( %(.* %% 5#,#:3,1!3 . 8%&0&*(%. &/

    )&/*%=*&/ (@*7F<

    Table H/67 In4est-ent Re.uire-ents

    /N/ Descri+tion

    ForeignPurchase

    LocalPurchase

    Total in ?irrA-ount in

    'DA-ount in

    ?irr

    6Machineries and e.ui+-ents 6B#!:"

  • 8/19/2019 Fish Processing Plant

    41/54

    A -&/ &4 %% 13!,:2#,333 -- )&?(% -- )&.*. &4 0)/(%7 (@80(/*,

    /+(% *( 4&--&/ *(%0.< T( *&*- -&/ &4 %% 13!,:2#,333 . *& =( %(8+

    &/ 15 (@- //- /.*--0(/*. &4 %% 15,932,339 * 7(%-7 /*(%(.* %*(

    &4 :

  • 8/19/2019 Fish Processing Plant

    42/54

    S-%(. &4 /+%()* -=&% 9:!,U*-*(. (-()*%)*7, *(% /+*(-(8&/(F 2,15,S8%( 8%*. /+ 0/*(//)( 3,

    D(8%()*&/ &4 0)/(%(. /+=-+/ 11,3##,336

    Total 6BH66;;:Mar0eting and Ad-inistrationCost

    S-%(. &4 .88&%*/ .*44 2,3::,O44)( .88-(. 15,D(8%()*&/ &4 ?()-(. /+4%/*%( 1,91,#62

    Total BBBH

  • 8/19/2019 Fish Processing Plant

    43/54

    8.3.3 ?alance $orecast

    A))&%+/ *& *( 8%&'()*(+ =-/)( .((* &4 *( .*+7 Anne8 IF, *(

    8%&'()* -- ?( D(=* (@*7 %*& &4 2

    *( 8%&'()*<

    8.4 iability and other -easure o$ +ro,ect 5orth

    8.4.1 Inde8es

    • N(* ))0-*(+ ). 4-& 2,#6,!!,25

    • "//)- NPV ) :

  • 8/19/2019 Fish Processing Plant

    44/54

    8.4.5 ?rea0 > e4en Point

    T( =%(; (?(/ 8&/* )/ =( )-)-*(+ . 4&--&.$

    EP A//- S-(.F A//- S-(. X A//- "(+ C&.*.A//- S-(. A//- V%=-( C&.*.

    26,!#5, X 2,:#,51! 26,!#5, 1!5,1:,

    %% 6#,5:6,316

    O% * )/ -.& =( )-)-*(+ =7 EP 8(%)(/*( . 4&--&$ 

    EP P(%)(/*(F A//- "(+ C&.*. X 1A//- S-(. A//- V%=-( C&.*.

    2,:#,51! X 1 <26,!#5, 1!5,1:,

    32

  • 8/19/2019 Fish Processing Plant

    45/54

    C&/.*%)*&/ /+ %/// &4 *( 8%&'()* -- =%/ 0&%( (08-&70(/*

    &88&%*/*(. *& -&)- 8(&8-(, ) . / 4?&% &4 08%&?/ *( -&)- -?/

    .*/+%+<

    A* *( .0( *0( *. 8%&'()* -- 8%&0&*( *( +(?(-&80(/* &4 &*(%

    /+.*%(., /+ ?( %(* 8&.*?( 08)* &/ *( ()&/&0) /+ .&)-

    +(?(-&80(/* / *( &-( %(<

    9.2 Reco--endation

    C&/.+(%/ *( 8%&+)*. =(**(% 4(*%(., *( )&/.(%?*?( (.*0*(. /

    .-(., %(-.*) )&.* (.*0*(., /+ *( .&/+ 4//)- 8%&'()*&/. *( 8%&'()*

    . )&/.+(%(+ ?(%7 ?=-(< T(%(4&%( * . %()&00(/+=-( *& 08-(0(/* *(

    8%&'()*, . * . .&)- /+ ()&/&0)- =(/(4*.

  • 8/19/2019 Fish Processing Plant

    46/54

    Annex I

    Projected sales forecast

    Product TypeProject Year

    Y - 1 Y - 2 Y - 3 Y - 4 Y - 5 Y - 6 Y - 7 Y - 8 Y - Y - 1! Y - 11 Y - 12 Y - 13 Y - 14 Y - 15

    apac#ty ut#l#$at#on %&'"0 75 100 100 100 100 100 100 100 100 100 100 100 100 100

    ales 1 23 )8 85 )! !! 1 54 )8 56 )2 5! 2 !6 )4 75 )! !! 2 !6 )4 75 )! !! 2 !6 )4 75 )! !! 2 !6 )4 75 )! !! 2 !6 )4 75 )! !! 2 !6 )4 75 )! !! 2 !6 )4 75 )! !! 2 !6 )4 75 )! !! 2 !6 )4 75 )! !! 2 !6 )4 75 )! !! 2 !6 )4 75 )! !! 2 !6 )4 75 )! !! 2 !6 )4 75 )! !!

    Processed fish $fillet% 50&'00&000 "(&000&000 )'&000&000 )'&000&000 )'&000&000 )'&000&000 )'&000&000 )'&000&000 )'&000&000 )'&000&000 )'&000&000 )'&000&000 )'&000&000 )'&000&000 )'&000&000

    Sesame seed oil 7 2& 00 0& 00 0 * 0&0 00 &0 00 1 20 &0 00 &0 00 1 20 &0 00 &0 00 1 20 &0 00 &0 00 1 20 &0 00 &0 00 1 20 &0 00 &0 00 1 20 &0 00 &0 00 1 20 &0 00 &0 00 1 20 &0 00 &0 00 1 20 &0 00 &0 00 1 20 &0 00 &0 00 1 20 &0 00 &0 00 1 20 &0 00 &0 00 1 20 &0 00 &0 00

    io , diesel oil 1&')5&000 1&)5"&250 2&'75&000 2&'75&000 2&'75&000 2&'75&000 2&'75&000 2&'75&000 2&'75&000 2&'75&000 2&'75&000 2&'75&000 2&'75&000 2&'75&000 2&'75&000

  • 8/19/2019 Fish Processing Plant

    47/54

    Annex II

    Projected #nco*e state*ents %+#rr'

    Part#cularsProject Year

    Y - 1 Y - 2 Y - 3 Y - 4 Y - 5 Y - 6 Y - 7 Y - 8 Y - Y - 1! Y - 11 Y - 12 Y - 13 Y - 14 Y - 15,eenue.  

    (ales 1 23 )8 85 )! !! 1 54 )8 56 )2 5! 2 !6 )4 75 )! !! 2 !6 )4 75 )! !! 2 !6 )4 75 )! !! 2 !6 )4 75 )! !! 2 !6 )4 75 )! !! 2 !6 )4 75 )! !! 2 !6 )4 75 )! !! 2 !6 )4 75 )! !! 2 !6 )4 75 )! !! 2 !6 )4 75 )! !! 2 !6 )4 75 )! !! 2 !6 )4 75 )! !! 2 !6 )4 75 )! !!

    # Processed fish $fillet% 50&'00&000 "(&000&000 )'&000&000 )'&000&000 )'&000&000 )'&000&000 )'&000&000 )'&000&000 )'&000&000 )'&000&000 )'&000&000 )'&000&000 )'&000&000 )'&000&000 )'&000&000

    # Sesame seed oil 7 2&0 00 &0 00 * 0& 00 0& 00 0 1 20 &0 00 &0 00 1 20 &0 00 &0 00 1 20 &0 00 &0 00 1 20 &0 00 &0 00 1 20 &0 00 &0 00 1 20 &0 00 &0 00 1 20 &0 00 &0 00 1 20 &0 00 &0 00 1 20 &0 00 &0 00 1 20 &0 00 &0 00 1 20 &0 00 &0 00 1 20 &0 00 &0 00 1 20 &0 00 &0 00

    # io , diesel oil 1&')5&000 1&)5"&250 2&'75&000 2&'75&000 2&'75&000 2&'75&000 2&'75&000 2&'75&000 2&'75&000 2&'75&000 2&'75&000 2&'75&000 2&'75&000 2&'75&000 2&'75&000

    /anufactur#n0 cost

    # a! materials ) 5&5 0' &) 00 1 0" &) )1 &0 00 1 '2 &5 0) &0 00 1 '2 &5 0) &0 00 1 '2 &5 0) &0 00 1 '2 &5 0) &0 00 1 '2 &5 0) &0 00 1 '2 &5 0) &0 00 1 '2 &5 0) &0 00 1 '2 &5 0) &0 00 1 '2 &5 0) &0 00 1 '2 &5 0) &0 00 1 '2 &5 0) &0 00 1 '2 &5 0) &0 00 1 '2 &5 0) &0 00

    # Direct labor 2&*('&000 2&*('&000 2&*('&000 (&110&0'0 (&2*"&"'2 (&'*'&''1 (&70'&107 (&*2"&(5' '&1"1&*(5 '&'11&"51 '&"7"&(50 '&*5"&*(1 5&25'&('7 5&5"*&"0) 5&*0(&7)'

    # Factor- o.erhead 1(&"51&((" 1'&1*)&)(" 1'&)11&((" 1'&)70&(7" 1'&*(2&*5) 1'&***&2*" 15&0"*&"1( 15&1''&150 15&22(&15* 15&(0"&*0) 15&(*5&")2 15&')*&7)( 15&5)*&5(0 15&"*5&2"2 15&)07&((7

    # /mortiation '*(&'17 '*(&'17 '*(&'17 '*(&'17 '*(&'17 '*(&'17 '*(&'17 '*(&'17 '*(&'17 '*(&'17 '*(&'17 '*(&'17 '*(&'17 '*(&'17 '*(&'17

    Total *anufactur#n0 cost 1 !2 )5 83 )5 52 1 24 )5 !7 )2 52 1 6! )7 46 )7 52 1 6! ) 81 )8 32 1 61 )2 31 )! 17 1 61 )4 5 )1 53 1 61 )7 75 )1 37 1 62 )! 71 ) 2! 1 62 )3 86 )5 1! 1 62 )7 1 ) 76 1 63 )! 73 )4 4 1 63 )4 48 )1 31 1 63 )8 45 )2 4 1 64 )2 66 )2 86 1 64 )7 12 )5 38

    ross Prof#t %loss' 21)3!1)448 3!)348)8 45)728)248 45)43)168 45)243)83 44)7)847 44)6)863 44)4!3)!8! 44)!88)4! 43)755)!24 43)4!1)551 43)!26)86 42)62)7!6 42)2!8)714 41)762)462

    ess. /aret#n0 2&*0)&")2 (&15)&1"2 '&'')&7"2 '&5*5&0'2 '&7'*&*7* '&*1'&0)* 5&0)7&*22 5&272&057 5&'"7&110 5&"7(&7(' 5&)*2&"20 "&12'&502 "&(70&155 "&"(0&'05 "&*0"&12(

    #nanc#al cost.

    # nterest on in.estment loan 11&2)1&)"" 10&)70&)0) 10&'2(&'17 *&*("&')1 *&'0"&50' )&)2*&")( )&201&)7" 7&51)&57" "&77'&))0 5&*"5&'') 5&0)'&'"* '&125&"21 (&0)2&020 1&*'"&17' 70*&*(0

    et prof#t %loss' efore tax 7)11!)!! 16)32!)!27 3!)856)!68 3!)61)644 31)!87)5!! 31)236)!75 31)41!)!65 31)612)447 31)846)5!! 32)115)843 32)424)461 32)776)746 33)177)531 33)632)135 34)146)4!8

    Prof#t tax %3!&' - - - - - )37!)822 )423)!2! )483)734 )553)5! )634)753 )727)338 )833)!24 )53)25 1!)!8)64! 1!)243)23

    et prof#t %loss' after tax 7)11!)!! 16)32!)!27 3!)856)!68 3!)61)644 31)!87)5!! 21)865)252 21)87)!46 22)128)713 22)22)55! 22)481)!! 22)67)123 22)43)722 23)224)272 23)542)44 23)!2)486

    Accu*ulated prof#t 7 )11!) !! 23) 43!) 27 54 )286) 5 85) 248) 64! 116)336 )13 138)2! 1)31 16!)1 88)437 182) 317)15 ! 2!4)6!) 7!! 22 7)!! )7! 2 4)787) 13 272) 731) 635 25) 55)! 7 31) 48)4 !2 343)4! !)887

    Annex IIIProjected cas flo state*ent %+#rr'

  • 8/19/2019 Fish Processing Plant

    48/54

    Part#cularsPre -

    9perat#n0Per#od

    Project Year

    Y - 1 Y - 2 Y - 3 Y - 4 Y - 5 Y - 6 Y - 7 Y - 8 Y - Y - 1! Y - 11 Y - 12 Y - 13 Y - 14 Y - 15

    A(: I9;  e0#nn#n0 cas alance %773)167' 5)136)765 27)53)774 62)417)431 1!1)164)732 12)54)1!1 167)86)!34 15)5)328 223)516)5!7 25!)5!3)328 2!4)332)234 23!)!55)587 255)!7)71 27)355 )44 3!2)82)718

    eenue.

    ash Sales 11(&552&**1 1'1&*'1&2(* 1)*&25'&*)5 1)*&25'&*)5 1)*&25'&*)5 1)*&25'&*)5 1)*&25'&*)5 1)*&25'&*)5 1)*&25'&*)5 1)*&25'&*)5 1)*&25'&*)5 1)*&25'&*)5 1)*&25'&*)5 1)*&25' &*)5 1)*&25'&*)5

    ollection 10&((2&00* 12&*15&011 17&220&015 17&220&015 17&220&015 17&220&015 17&220&015 17&220&015 17&220&015 17&220&015 17&220&015 17&220&015 17&220&015 17&220&015

    3!n fund 57&7)(&1'( , , , , , , , , , , , , , , ,

    4oan from bank 1('&)27&((( , , , , , , , , , , , , , , ,

    Total "as Inflo 12)61!)476 112)77)824 157)41!)!13 22)763)77! 268)82)431 3!7)63)732 336)42)1!1 374)344)!34 4!2)434)328 42)1)5!7 456)78)328 41!)8!7)234 436)53!)587 461)554)71 485)83! )44 5!)3!4)718

    A(: 9Projected +alance (eet %+#rr'

    Part#culars Pre - Project Year

  • 8/19/2019 Fish Processing Plant

    49/54

    operat#n0per#od Y - 1 Y - 2 Y - 3 Y - 4 Y - 5 Y - 6 Y - 7 Y - 8 Y - Y - 1! Y - 11 Y - 12 Y - 13 Y - 14 Y - 15

    ((?T(

    urrent Assets

    ash $77(&1"7% 5&1("&7"5 27&5*(&77' "2&'17&'(1 101&1"'&7(2 12*&*5'&101 1"7&)"*&0(' 1*5&*5* &(2) 22(&51"&507 250&50(&(2) 20'&((2&2(' 2(0&055&5)7 25 5&07*&7*1 27*&(55&'*' (02&)2*&71) (25&''5&5*2

    a! Materials.entor-

    11&)75&""7 11&)75&""7 11&)75&""7 11&)75&""7 11&)75&""7 11&)75&""7 11&)75&""7 11&)75&""7 11&)75&""7 11&)75&""7 11&)75&""7 11&)75&""7 11&)75&""7 11&)75&""7 11&)75&""7 11&)75&""7

    /ccounts ecei.able , 10&((2&00* 12&*15&011 17&220&015 17&220&015 17&220&015 17&220&015 17&220&015 17&220&015 17&220&015 17&220&015 17&220&015 17&220&015 17&220&015 17&220&015 17&220&015

    otal "urrent Assets 11)1!2)5!! 27)344)441 52)384)452 1)513)113 13!)26!)414 15)!4)783 16)64)716 225)!55 )!1! 252)612)18 27)5)!1! 233)427)15 25)151)26 28 4)175)473 3!8)451)175 331)25)4!! 354)541)273

    xed Assets

    Machineries anduipments

    57&1"*&""1 57&1"*&""1 57&1"*&""1 57&1"*&""1 57&1"*&""1 57&1"*&""1 57&1"*&""1 57&1"*&""1 57&1"*&""1 57&1"*&""1 11'&((*&(2( 11'&((*&(2( 11'&((*&(2( 11'&((*&(2( 11'&((*&(2( 11'&((*&(2(

    /u6iliar- euipment5&)2'&1() 5&)2'&1() 5&)2'&1() 5&)2'&1() 5&)2'&1() 5&)2'&1() 5&)2'&1() 5&)2'&1() 5&)2'&1() 5&)2'&1() 11&"')&277 11&"')&277 11&"')&277 11&"')&277 11&"')&277 11&"')&277

    3ffice euipment andrniture

    1&000&000 1&000&000 1&000&000 1&000&000 1&000&000 2&000&000 2&000&000 2&000&000 2&000&000 2&000&000 (&000&000 (&000&000 (&000&000 (&000&000 (&000&000 (&000&000

    8ehicles& trucks andortable euipment

    )&55(&)10 )&55(&)10 )&55(&)10 )&55(&)10 )&55(&)10 17&107&"20 17&107&"20 17&107&"20 17&107&"20 17&107&"20 25&""1&'(0 25&""1&'(0 25&""1&'(0 25&""1&'(0 25&""1&'(0 25&""1&'(0

    uilding andonstruction

    101 &55*&11" 101&55* &11" 101&55*&11" 101&55*&11" 101&55*&11" 101&55*&11" 101&55*&11" 101&55*&11" 101&55*&11" 101&55*&11" 101&55*&11" 101&55*&11" 101&55*&11" 101&55*&11" 10 1&55*&11" 101&55*&11"

    ess9 /ccumulated

    epreciation

    , 1(&2))&0*) 2"&57"&1*" (*&)"'&2*( 5(&152&(*1 ""&''0&')* 7*&72)&5)7 *(&01"&")' 10"&(0'&7)2 11*&5*2&))0 1(2&))0&*7) 1'"&1"*&07" 15*&'57&17( 172&7'5&271 1)"&0((&("* 1**&(21&'"7

    et #xed Assets 174)1!6)726 16!)818)628 147)53!)53! 134)242)432 12!)54)334 117)22!)!47 1!3)31)4 !)64 3)851 77)355)7 53 64)!67)656 123)327)168 11!)!3)!7! 6)75!)72 83)462)874 7!)174)777 56)886)67

    ter Assets

    Proectmplementation e6pense

    7&'01&250 7&'01&250 7&'01&250 7&'01&250 7&'01&250 7&'01&250 7&'01&250 7&'01&250 7&'01&250 7&'01&250 7&'01&250 7&'01&250 7&'01&250 7&'01&250 7&'01&250 7&'01&250

    ess9 /ccumulated

    mortiation

    , '*(&'17 *)"&)(( 1&')0&250 1&*7(&""7 2&'"7&0)( 2&*"0&500 (&'5(&*17 (&*'7&((( '&''0&750 '&*('&1"7 5&'27&5)( 5&*21&000 "&'1'&'17 "&*07&)(( 7&'01&250

    7)4!1)25! 6)!7)833 6)414)417 5)21)!!! 5)427)583 4)34)167 4)44!)75! 3)47)333 3)453)17 2)6!)5!! 2)467)!83 1)73)667 1)48!)25! 86)833 43)417 -

    9TA A((?T( 12)61!)476 15)!7!)!2 2!6)32)3 231)676)545 256)642)331 281)2!3)6 3!5)337)415 31)646 )14 333)421)85 346)627)165 35)222)166 371)164)!!5 38 2)4!6)65 32)!!)883 4!2)53)53 411)427)52

    A+IITI?(

    "urrent #a#l#t#es

    /ccounts pa-able, , , , , , *&(70&)22 *&'2(&020 *&')(&7(' *&55(&*50 *&"('&75( *&727&(() *&)((&02' *&*5(&25* 10&0)*&"'0 10&2'(&*2(

    otal current l#a#l#t#es- - - - - - )37!)822 )423)!2! )483)734 )553)5! )634)753 )727)338 )833)!24 )53)25 1!)!8)64! 1!)243)23

    on0 ter* #a#l#t#es

    4oans pa-able1('&)27&((( 1(0&17"&)"0 125&115&(2* 11*&"0"&'07 11(&"10&5'* 107&0)'&715 **&*)2&05) *2&251&5*5 )(&)(7&)(2 7'&")0&(7( "'&71(&')1 5(&)"5&"11 '2&05)&)*( 2*&20)&57' 15&222&'0* $0%

    otal lon0 ter*a#l#t#es

    134)827)333 13!)176)86! 125)115)32 11)6!6)4!7 113)61!)54 1!7)!84)715 )82)!58 2)251)55 83)837)832 74)68!)373 64)713)481 53)865)611 42)!58)83 2)2!8)574 15)222)4! %!'

    ;?,( ?@

  • 8/19/2019 Fish Processing Plant

    50/54

    9TA IA+IITI?( C@

    Internal ,ates of ,eturn "alculat#on

    Part#cularsPre -

    operat#n0per#od

    Project YearY - 1 Y - 2 Y - 3 Y - 4 Y - 5 Y - 6 Y - 7 Y - 8 Y - Y - 1! Y - 11 Y - 12 Y - 13 Y - 14 Y - 15

    ccumulated ash Flo! $ 77 (& 1" 7% ' &( "( &5 ** ( 1& *5 7& (7 ( * '& (7 '&) 0' 1 *5 &5 (* &5( " ( 25 &'* (& "( 7 ' *( &( "2 &" 71 " )* &(2 1& ** * * 12 &) () &5 0" 1& 1" (& (' 1& )( ' 1 &( "7 &" 7' &0" ) 1& 5*7 &7 2* &"5 5 1& )5 2& )0 *& '' " 2 &1 (2 &1 "' &*' 0 2 &' (' &* *' &" 5) 2 &7 "0 &' '0& 25 0

    P8 $712&5*"% '&7('&('" 2(&'(*&"77 ')&)"7&112 72&**7&)"* )"&'25&()0 102&)*'&500 110&702&5)) 11"&(7)&21" 120&211&'5" *0&(7(&1"7 *(&77*&015 *5&)((&*07 *"&7(2&101 *"&"'5&"1" *5&72"&5(1

    ccumulated :P8 $ 71 2& 5* "% ' &0 21 &7 50 2 7& '" 1& '2 7 7 "& (2 )&5 (* 1 '* &( 2" &'0 * 2 (5 &75 1& 7) * ( () &" '" &2 )* ' '* &(' )& )7 7 5 "5 &7 27 &0 *' " )5 &*( )& 5' * 77 "& (11 &7 1" ) 70 &0 *0 &7( 1 * "5 &*2 '& "( ) 1 &0 "2 &" 5" &7( * 1 &1 5* &( 02 &( 5' 1 &2 55 &0 2)& )) 5

    et accumulated cash flo! 2&7"0&''0&250

    P8 1&255&02)&))5

    5);"5<

    Annex >I

    Projected f#nanc#al rat#o %&'

    Part#cularsProject Year

    Y - 1 Y - 2 Y - 3 Y - 4 Y - 5 Y - 6 Y - 7 Y - 8 Y - Y - 1! Y - 11 Y - 12 Y - 13 Y - 14 Y - 15 (ales /ar0#n.

     5D74

    1!D54

    14D4  15D!

    !15D!6 15D13 15D21 15D31 15D42 15D55 15D7! 15D87 16D!7 16D2 16D54Pre,ta6 profit

    :et sales

    D ,eturn on Asset %,9A'. 13D32 12D! 11D!6 1!D23 D83 D48 D1 8D4 8D74 8D57 8D44 8D35 8D3!

  • 8/19/2019 Fish Processing Plant

    51/54

    3D65 7D1 6Pre,ta6 profit

    =ross assets

    ,eturn on ?Bu#ty. 

    12D312

    5D1537D

      27D63

    21D73 12D56 11D22 1!D15 D28 8D57 7D7 7D46 7D!3 6D66 6D34:et profit after ta6

    apital + eser.e

    "urrent ,at#o. 

    - -- 

    -- 2)1!1D8 2)388D35 2)663D64 2)26D53 2)422D77 2)664D15 2)8!D!1 3)!D!! 3)28D76 3)46!Durrent assets

    urrent liabilities

    ,eturn on #nest*ent.  1

    65D4237

    D64717D7

      72!D24

    723D17 726D63 73!D67 735D38 74!D83 747D! 754D27 762D47 771D7 782D36 74D33Pre,ta6 profit

    apital in.ested

    =et ,at#o. 

    66D736

    !D6451D63

      44D27

    38D!8 35D81 31D81 27D 24D3! 2!D7! 17D13 13D57 D7 6D2 2D4>otal debt

    >otal assets

    Annex >II

    (u**ary of annual operat#n0 cost

    o "ost Ite*sTotal Annual A*ount %+#rr'

    Y - 1 Y - 2 Y - 3 Y - 4 Y - 5 Y - 6 Y - 7 Y - 8 Y - Y - 1! Y - 11 Y - 12 Y - 13 Y - 14 Y - 151,a /ater#als 85)5!4)8!! 1!6)881)!!! 142)5!8)!!! 142)5!8)!!! 142)5!8)!!! 142)5!8)!!! 142)5!8)!!! 142)5!8)!!! 142)5!8)!!! 142)5!8)!!! 142)5!8)!!! 142)5!8)!!! 142)5!8)!!! 142)5!8)!!! 142)5!8)!!!

    2=#rect aor 2)34)!!! 2)34)!!! 2)34)!!! 3)11!)!4! 3)26)642 3)44)441 3)7!4)1!7 3)26)354 4)161)35 4)411)651 4)676)35! 4)56)31 5)254)347 5)56)6!8 5)!3)784

    3actory 9er :ead 13)6 51) 336 14)1 8)8 36 1 4)8 11)3 36 14)87 !)3 76 14 )3 2)58 14) )26 15) !6)6 13 15) 144)1 5! 15) 223)1 5 1 5)3 !6)! 8 1 5)3 5)68 2 1 5)48) 783 1 5)58) 53! 15 )65) 262 15)8 !7) 337

     Salaries of indirect labor *)'&000 *)'&000 *)'&000 1&0'(&0'0 1&105&"22 1&171&*"0 1&2'2&277 1&(1"&)1' 1&(*5&)2( 1&'7*&572 1&5")&('7 1&""2&''7 1&7"2&1*' 1&)"7&*2" 1&*)0&001

     ?tilities 1&2*0&000 1&"12&500 2&150&000 2&150&000 2&150&000 2&150&000 2&150&000 2&150&000 2&150&000 2&150&000 2&150&000 2&150&000 2&150&000 2&150&000 2&150&000

  • 8/19/2019 Fish Processing Plant

    52/54

     Spare parts andmaintenance

    , 225&000 (00&000 (00&000 (00&000 (00&000 (00&000 (00&000 (00&000 (00&000 (00&000 (00&000 (00&000 (00&000 (00&000

     Depreciation ofmachineries @ building

    11& (77& ((" 11& (77& ((" 11& (7 7& ((" 11& (7 7& ((" 11 &(7 7& ((" 11 &(7 7& ((" 11& (77& ((" 11& (77& ((" 11& (77& ((" 11& (7 7& (( " 11& (7 7& (( " 11& (77& (( " 11& (77& ((" 11 &(77& ((" 11& (77& (("

    4/aret#n0 andAd*#n#strat#on "ost

    2)!8)682 3)158)162 4)448)762 4)55)!42 4)74)7 4)14)!8 5)!87)22 5)272)!57 5)467)11! 5)673)734 5)82)62! 6)124)5!2 6)37!)155 6)63!)4!5 6)!6)123

     Salaries of supportingstaff

    *07&*20 1&1('&*00 2&())&000 2&5(1&2)0 2&")(&157 2&)''&1'" (&01'&7*5 (&1*5&")( (&()7&'2' (&5*0&""* (&)0"&10* '&0('&'7" '&27"&5'' '&5((&1(7 '&)05&125

     3ffice supplies *0&000 112&500 150&000 15(&000 15"&0"0 15*&1)1 1"2&("5 1"5&"12 1")&*2' 172&(0( 175&7'* 17*&2"' 1)2&)'* 1)"&50" 1*0&2("

     Depreciation of .ehiclesand furniture

    1&*10&7"2 1&*10&7"2 1&*10&7"2 1&*10&7"2 1&*10&7"2 1&*10&7"2 1&*10&7"2 1&*10&7"2 1&*10&7"2 1&*10&7"2 1&*10&7"2 1&*10&7"2 1&*10&7"2 1&*10&7"2 1&*10&7"2

    5A*ort#$at#on 43)417 43)417 43)417 43)417 43)417 43)417 43)417 43)417 43)417 43)417 43)417 43)417 43)417 43)417 43)417

    Total 1!5)42)234 127)665)414 165)15)514 165)576)874 165)8!)6 166)4!)243 166)863)!5 167)343)77 167)853)62! 168)33)71! 168)66)!6 16)572)633 17!)215)44 17!)86)61 171)618)662

  • 8/19/2019 Fish Processing Plant

    53/54

    >he operating costs ha.e been calculated for the -ear of operation !hen the designed capacit- is

    e6pected to be utilied;

    /ssumptions9

    # >he operating cost computation is based on the data contained in the pre.ious section of

    this report; >hese data include the product outputs& reuirement of labor& consumables&

    spare parts& fuel& electric energ-& !ater& etc;

    # /ll costs and normati.e .alues used in this cost estimates are based on the data

    a.ailable on the current market and assumed to increase b- 5< e.er- -ear

    # ost of electric energ- has been calculated based on the annual po!er reuirement and

    the cost of irr 0;'1") per k!h& if the energ- suppl- is pro.ided from the e6ternal po!er

    transmission line;

    # A6penses for spare parts and maintenance during the operation of machineries are

    assumed to be 2< of their cost;

    - alculation of the depreciation charges ha.e been made on the basis t!ent- -ears is

    assumed as an effecti.e ser.ice -ear for building& ten -ears for machineries @

    euipments& fi.e -ears for .ehicles and furniture

  • 8/19/2019 Fish Processing Plant

    54/54

    >he cost of purchase of pure blood is amortied o.er 5 -ears period;

    Annex >III

    oans ,epay*ent (cedule

    Project YearPr#nc#pal

    %+#rr'Interest

    %+#rr'+alance

    ,educt#on %+#rr'+an oan %+#rr'

    0 , , , 1('&)27&(((

    1 15&*(2&((* 11&2)1&)"" '&"50&'7( 1(0&17"&)"0

    2 15&*(2&((* 10&)70&)0) 5&0"1&5(1 125&115&(2*

    ( 15&*(2&((* 10&'2(&'17 5&50)&*22 11*&"0"&'07

    ' 15&*(2&((* *&*("&')1 5&**5&)5) 11(&"10&5'*

    5 15&*(2&((* *&'0"&50' "&525&)(5 107&0)'&715

    " 15&*(2&((* )&)2*&")( 7&102&"5" **&*)2&05)

    7 15&*(2&((* )&201&)7" 7&7(0&'"( *2&251&5*5

    ) 15&*(2&((* 7&51)&57" )&'1(&7"( )(&)(7&)(2

    * 15&*(2&((* "&77'&))0 *&157&'5* 7'&")0&(7(

    10 15&*(2&((* 5&*"5&'') *&*""&)*1 "'&71(&')1

    11 15&*(2&((* 5&0)'&'"* 10&)'7&)70 5(&)"5&"11

    12 15&*(2&((* '&125&"21 11&)0"&71) '2&05)&)*(

    1( 15&*(2&((* (&0)2&020 12&)50&(1* 2*&20)&57'

    1' 15&*(2&((* 1&*'"&17' 1(&*)"&1"5 15&222&'0*

    15 15&*(2&((* 70*&*(0 15&222&'0* $0%

    Total 238)85)!86 1!4)157)753 134)827)333 $0%