THE FEASIBILITY ANALYSIS OF WHITE SHRIMP FARMING WITH BIO-SECURE SYSTEM IN CHANTHABURI PROVINCE

Abstract

     The objectives of this research article were to: 1) Analyzing the financial feasibility of investing in white shrimp vannamei and 2) Analyze the sensitivity of the project in investing in white shrimp vannamei in bio-secure system When important economic factors in Chanthaburi province change2) Analyze the sensitivity of the project in investing in white shrimp vannamei in bio-secure system When important economic factors in Chanthaburi province change. Using a structured interview questionnaire. It is a tool for collecting data from 5 bio-secure white shrimp farmers with a discount rate of 3.40 percent per year.

     The result of the study found that: The net present value (NPV) of the investment in raising white shrimp in bio-secure system is 37,916,926 baht. The present value-to-cost ratio (BCR) is 2.1257. The project internal rate of return (IRR) is equal to 135 percent, it can be seen that the NPV is positive, meaning the investment in raising white shrimp in the bio-secure system yields a higher net present value than the cost incurred over the project life. The present value ratio of the cost return is greater than one and the rate of return within the project is higher than the discount rate. Show that the investment is worth the return.

     For project sensitivity analysis results in case of cost increase or decrease in selling price White shrimp farming in this system is also worth the investment. The risk that has the greatest impact is the decline in shrimp prices. Increased food costs and higher wages, respectively.