311193

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

Article

Last updated: 04 Jan 2025

Subjects

-

Tags

Agricultural Economics and Rural Development

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.

DOI

10.21608/sinjas.2023.211686.1206

Keywords

Aquaculture farms, economic efficiency, Invested pound, NPV, IRR

Authors

First Name

Saad

Last Name

Alaam

MiddleName

A.S.

Affiliation

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

Email

s.alaam@env.aru.edu.eg

City

North Sinai

Orcid

-

First Name

Rana

Last Name

Selmy

MiddleName

E.

Affiliation

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

Email

rselmy@aru.edu.eg

City

North Sinai

Orcid

-

First Name

Reyad

Last Name

Redwan

MiddleName

I.M.

Affiliation

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

Email

r_radwan@aru.edu.eg

City

Egypt

Orcid

0000-0002-0784-9205

Volume

12

Article Issue

3

Related Issue

41277

Issue Date

2023-05-01

Receive Date

2023-05-17

Publish Date

2023-05-01

Page Start

541

Page End

554

Print ISSN

2314-6079

Online ISSN

2682-3527

Link

https://sinjas.journals.ekb.eg/article_311193.html

Detail API

https://sinjas.journals.ekb.eg/service?article_code=311193

Order

16

Type

Researches

Type Code

2,342

Publication Type

Journal

Publication Title

Sinai Journal of Applied Sciences

Publication Link

https://sinjas.journals.ekb.eg/

MainTitle

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

Details

Type

Article

Created At

25 Dec 2024