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Project Description
Activities involved
Storage
Fumigation
Cleaning & Washing
Drying
Heat Treatment
Sorting & Grading
Pitting / Stuffing
Packing
Location
Khairpur, Sind
Land Area
2 Acres provided by Provincial Government
Project Cost (approved)
Rs. 24.932 million
Date of Approval
22-09-2004
EDF Approved Funds
Rs. 19.946 million
Current Cost Estimate
Rs. 50.000 million
Management Set-up
A private limited had been formed to implement and operate
the project. The Board of Directors consists of the
directors from PHDEB, Agriculture Department Balochistan,
TDAP and the private sector people. The day to day affairs
of the project will be run by staff to be hired from
the market.
Project Capacity
2000 tons of date based on 120 days operation
Current Status
Due to delay in start up of implementation because
of various reasons, project cost has increased considerably.
Tenders for civil works were floated and opened in 2nd
week of January 2008. Evaluation of tenders has been
carried out and submitted to CEO for approval.
Investor / Partner is solicited for implementation /
operation of the project on commercial lines.
Projected Financial Results*
(Rs.in million)
Description |
Year 1 |
Year 2 |
Year 3 |
Year 4 |
Year 5 |
| Revenue |
21.507 |
29.782 |
37.624 |
39.783 |
41.845 |
| Gross Profit |
0.353 |
1.365 |
2.057 |
2.399 |
2.829 |
| Pre-Tax Profit |
0.548 |
1.559 |
2.252 |
2.593 |
3.023 |
| Net Profit |
0.441 |
1.314 |
1.365 |
1.496 |
1.684 |
IFRR = 17.75%
BEP = 50%
Payback Period = 3.7 Years
Benefit Cost Ratio = 1.06
* Theses are based on the study prepared in 2004
Expected Project Benefits
• Employment Opportunities : The development
and operation of the project will create direct as well
as indirect jobs, resulting in improved per capita income
and ultimately a better living standard for people of
the area.
• Increased Product Availability : Reduction
of produce losses/waste, thus resulting in increased
supplies and relatively stable prices.
• Improvement in Quality : Cleaning / Processing
of dates will help in preserving their quality and improvement
of shelf life.
• Industrial Development : The establishment
of the project will also induce other people to make
investment in industrial activities which may result
in development of allied industries i.e. engineering
and packing.
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