ECONOMIC EVALUATION OF AQUACULTURE FARMS IN EGYPT (CASE STUDY: SOME FARMS IN PORT SAID)

Document Type : Researches

Authors

1 Dept. Admin., Legal and Econ. Sci., Inst. Environ. Studies, Arish Univ., Egypt.

2 Dept. Agric. Econ. and Rural Develop., Fac. Environ. Agric. Sci., Arish Univ., Egypt.

Abstract

The research aims to identify the current situation of Aquaculture farm in Egypt and its various sources, to identify the most important factors affecting production from fish farms in Egypt. As well as the financial and economic evaluation of some Aquaculture farms in Port Said. The results of the study showed, the stepwise regression, that there is a statistically confirmed direct relationship between the quantity of production from Aquaculture farms, the selling price of a ton, and the number of freshwater fry and fingerlings from private hatcheries in million units, as an increase in these elements by 10% leads to an increase in the amount of production by about 11.9% and 3.5%, respectively. As for the financial and economic evaluation of tilapia fish farming, it was found that (NPV) 760.6 thousand LE. the cost-benefit ratio B/C amounted to about 1.5 LE. While the IRR was estimated at 19.5%. The recovery period for the invested capital was estimated at about 6 months. The NPV for farming mullet family fish in the study sample were estimated at about 2.6 million LE during the project, as well as the cost-benefit ratio B/C amounted to about 3.1 LE. While the IRR was estimated at 67.2%. The recovery period for the invested capital was estimated at 6 months. The study recommended increasing government investment and encouraging private investment in Aquaculture farms, maximizing the extension role, establishing cooperative societies to serve farm owners, and establishing a union for investors in Aquaculture farms.

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Sinai Journal of Applied Sciences
Volume 12, Issue 3
May and June 2023
Pages 541-554

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