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RICEPRODUCTION OPPORTUNITY

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3,000.000 METRIC TONS IMPORTED

In Ecowas region (15 members states), 3,000,000 metric tons of rice are imported yearly out of a global consumption of 3,500,000 metric tons

PRODUCTION OF 80.000 TONS OF PADDY

There is an opportunity to establish in one of the 15 Western African States, 10,000 hectares plantation of rainy rice to producing 80,000 metric tons per year of paddy for local consumption

INVESTMENT: x 1,000.00 US$

1

Soil purchase or rent- land preparation and planting

30,000

2

Building, shelters and other civil works- annexes

20,000

3

Equipment, miscellaneous

18,000

4

Preliminary expenses

1,600

5

Start-up expenses - Staff training - engineering

7,000

6

Operation funds for first 9 months

12,000

7

TOTAL INVESTMENT

88,000

TURNOVER: x 1,000 .00 US$

Turnover calculation is based on a yield estimate of 4 metric tons of rainy paddy per hectare, in two cycles, at the selling price of US$ .200 per kilogram

8

TOTAL TURNOVER

150,000

OPERATIONAL COSTS: x 1,000.00 US$

9

TOTAL OPERATIONAL COSTS

65,000

GROSS PROFIT: x 1,000.00 US$
Gross profit before financial charges

10

TOTAL GROSS PROFIT

85,000

REMARK

An additional investment of US$: 24,000,000 should be foreseen for a husking plant - with a capacity of 100,000 metric tons of paddy per year

Globally, paddy production and related by--product will require an investment amount int he range US$: 140,000,000 and would yield total gross profit of about US$: 95,000,000 Click here to read more about by-products


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