Beta
344586

THE ROLE OF SMEs IN ACHIEVING SUSTAINABLE DEVELOPMENT (CASE STUDY: THE DATE INDUSTRY SECTOR IN NORTH SINAI GOVERNORATE)

Article

Last updated: 25 Dec 2024

Subjects

-

Tags

Agricultural Economics and Rural Development

Abstract

In addition to identifying the conditions of small agricultural projects in North Sinai Governorate, the research aims to determine the economic viability of the date-making industry in North Sinai Governorate, which is one of the small projects. In the case of theoretical assumptions, the indicators of the financial evaluation of the date-date industry in investment projects within the complete sample of factories throughout the average of the two manufacturing seasons (2020, 2021) were displayed. According to it, the NPV for the project's 10 year duration was around 659 thousand pounds, the benefit to cost ratio was approximately 1.56, and the IRR was approximately 21.31%, indicating that the payback period had reached approximately 4.2 years. If prices increase by 10%. It is evident that NPV requirement has been met at a positive rate of roughly 542.6 thousand pounds, and B/C is 1.42. IRR was around 17.5%.
This suggests that the payback period was around 5.7 years. Regarding the criteria for the date-date industry's financial evaluation in the case of a 10% decline in revenues. It is evident from it that the NPV produced a positive rate of around 472.8 thousand pounds, and the proportion of B/C was approximately 1.40. The IRR was approximately 16.72%. This shows that a 5.9 year recovery period was predicted. Investment in the date-date sector generally is encouraged by the aforementioned indicators.

DOI

10.21608/sinjas.2023.228446.1224

Keywords

SMEs, dates Industry, IRR, NPV, payback period

Authors

First Name

Alaa

Last Name

Kamal

MiddleName

M.

Affiliation

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

Email

-

City

Arish

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.

Affiliation

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

Email

r_radwan@aru.edu.eg

City

Arish

Orcid

0000-0002-0784-9205

Volume

12

Article Issue

6

Related Issue

46183

Issue Date

2023-12-01

Receive Date

2023-08-10

Publish Date

2023-12-28

Page Start

977

Page End

992

Print ISSN

2314-6079

Online ISSN

2682-3527

Link

https://sinjas.journals.ekb.eg/article_344586.html

Detail API

https://sinjas.journals.ekb.eg/service?article_code=344586

Order

8

Type

Researches

Type Code

2,342

Publication Type

Journal

Publication Title

Sinai Journal of Applied Sciences

Publication Link

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

MainTitle

THE ROLE OF SMEs IN ACHIEVING SUSTAINABLE DEVELOPMENT (CASE STUDY: THE DATE INDUSTRY SECTOR IN NORTH SINAI GOVERNORATE)

Details

Type

Article

Created At

25 Dec 2024