Economic and Financial Evaluation for the Industry of Date Drying and Packaging In Siwa Oasis

Our research estimated the financial evaluation criteria according to the current situation in 2021 and also according to the two sensitivity analysis models (with an increase by 10% in the operating costs, or with a decrease by 10% in the total revenues out of the current situation in 2021), the results indicated to a reasonable feasibility of the investment in drying and packaging dates plants in Siwa Oasis, except for the ratio of current benefits to current costs (B/C), which indicated to the feasibility of investing in the second category of plants only, and not to invest in the first category of plants under the assumption of a decrease by 10% in the total revenues. In light of the previous results, the study provided some recommendations, which represented in: (encouraging investors and businessmen to invest in the industry of date drying and packaging by offering them the necessary facilities and exemptions, especially investment in the plants with large production capacity, modernizing the old plants of date and improving its capacities, Preparing promotional plans and programs for the Egyptian dates and their various products in local and foreign markets.

Publication Details

Journal
Minia Journal of Agricultural Research and Development
Published
2024-11-27
DOI
https://doi.org/10.21608/mjard.2024.393003
Primary Topic
Date Palm Research Studies
Type
article
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article

Economic and Financial Evaluation for the Industry of Date Drying and Packaging In Siwa Oasis

Minia Journal of Agricultural Research and Development
Date Palm Research Studies
article

Economic and Financial Evaluation for the Industry of Date Drying and Packaging In Siwa Oasis

article en

Abstract

Our research estimated the financial evaluation criteria according to the current situation in 2021 and also according to the two sensitivity analysis models (with an increase by 10% in the operating costs, or with a decrease by 10% in the total revenues out of the current situation in 2021), the results indicated to a reasonable feasibility of the investment in drying and packaging dates plants in Siwa Oasis, except for the ratio of current benefits to current costs (B/C), which indicated to the feasibility of investing in the second category of plants only, and not to invest in the first category of plants under the assumption of a decrease by 10% in the total revenues. In light of the previous results, the study provided some recommendations, which represented in: (encouraging investors and businessmen to invest in the industry of date drying and packaging by offering them the necessary facilities and exemptions, especially investment in the plants with large production capacity, modernizing the old plants of date and improving its capacities, Preparing promotional plans and programs for the Egyptian dates and their various products in local and foreign markets.

Minia Journal of Agricultural Research and DevelopmentVol. 44(4)
Openalex Percentile: Top 88%
Date Palm Research Studies
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Economic and Financial Evaluation for the Industry of Date Drying and Packaging In Siwa Oasis · Minia Journal of Agricultural Research and Development (2024) | TGRS Research Map | TGRS