The Expansion of a Pineapple Plantation in Ghana
An Application of Investment Appraisal Tools and Techniques in Evaluating Agric Projects
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Agriculture plays a greater role in the affairs of any state or economy. It is one of the key economic sectors of a nation of which contributions made to a nation's well-being are of great importance. Agriculture, as it is well known, is basically of utmost importance to developing nations wherein the masses or the bulk of the population, particularly those in the rural areas, make ends meet by either engaging in subsistence or commercial agricultural activities. The study examines the feasibility of the expansion drive of a local pineapple plantation company in Ghana - the Princess Cold Store...
Agriculture plays a greater role in the affairs of any state or economy. It is one of the key economic sectors of a nation of which contributions made to a nation's well-being are of great importance. Agriculture, as it is well known, is basically of utmost importance to developing nations wherein the masses or the bulk of the population, particularly those in the rural areas, make ends meet by either engaging in subsistence or commercial agricultural activities. The study examines the feasibility of the expansion drive of a local pineapple plantation company in Ghana - the Princess Cold Stores Limited to include the possibility of exporting a substantial percentage of the produce to the European market. An assessment on the project viability is taken from the perspectives of different stakeholders and the results show that the incremental benefits to derive from undertaking the project exceeds its related incremental costs. The excess benefit translates the project feasibility to its respective stakeholders and as such was found viable and also having the capacity to contribute immensely to the financial net cash flow and economic benefit of the project and the economy at large.
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