STADY THE TECHNICAL AND ECONOMIC FEASIBILITY AND ENVIRONMENTAL IMPACT FOR A PROJECT OF RAISING MILK COWS IN GOGJALI REGION NINEVEH GOVERNORATE

Authors

  • Eman Younis Al Najjar

DOI:

https://doi.org/10.36103/ijas.v54i1.1692

Keywords:

time preference criteria, sensitivity analysis, Financial Analysis

Abstract

This study was aimed to  determined by  number of dairy cows breeding projects to produce   milk using high productivity cows in Nineveh Governorate. The research aims to study the economic feasibility and environmental impact of the proposed project to be established in Nineveh Governorate using financial evaluation criteria. In order to prove the research hypothesis, the criteria of commercial profitability were used under the condition of certainty and uncertainty. It was found from the results of the research that the value of the net present value, the benefit-cost ratio, and the internal rate of return were 2911447, 1.74, and .18%, respectively. While the time period for recovering the project's investment costs is 5 years and two months. The research concluded that the proposed project is economically acceptable, and that making the investment decision regarding its implementation does not accept hesitation even in the event of negative changes in the components of the evaluation model. By testing the sensitivity of the project to changes in its components, the negative effects of the project on the environment can be mitigated. Therefore, the research recommends financing the project because, the project does not involve environmental risks, the acceptable profits that it will achieve, and to encourage investment in establishing dairy cow breeding projects to contribute to limiting the import of fresh milk.

References

Afaf G. M. N. A. 2006. Technical and Financial Analysis of a Dairy Farm at Shambat. Khartoum state – Sudan. M.Sc. Thesis, Dept. of Agricultural Economics., Coll. of Agric., Univ. of Khartoum. pp. 113

Ahmed. M. S. M. 2008. Environmental management for environmental impact assessment of projects. Environmental Affairs Department, General Office of El Mina Governorate. Assiut Journal of Environmental Studies. 32:105-124El Mina Governorate. Assiut Journal of Environmental Studies. 32:105-124

Al-Dulaimi, H. R. and at.et. 2010.Analytical study of a field to assess the Environmental impact assessment of a hypothetical project for raising milk cows in the province of Anbar . Anbar Journal of Agricultural Sciences, 8( 4): 188 – 193

Al-Issawi, K. J. 2015. Economic Feasibility Studies and Project Evaluation. Theoretical and Applied Analysis, Dar Al-Mahajjud for Publishing and Distribution. Amman. Jordan. pp: 117

Al-Kaisy, E. H. and J. M. Al-Izzy. 2010 . Economic feasibility and assessment of performance in the peanut farms. Iraqi Journal of Agricultural Sciences. 41(4):74-85.

Al-Khazraji, W. J. 2007. The effect of insemination type, level of milk production and calving season on some reproductive characteristics of Friesian cattle. Iraqi Journal of Agricultural Sciences. 4(5): 212-218

Al-Mashhadani, I. D. S. 2006. A study of Factors Affecting Some Economic Characteristics of Friesian and Holstein Cattle, M.Sc. Thesis, Dept. of Agricultural Economics., Coll. of Agric., Univ. of Baghdad. pp:6

Al-Mohammad , S., and et.al. 2018 . Applying ARIMA Models for Forecasting the Production of Cotton Crop in Syria . Syrian Journal of Agricultural Research 5( 1) : 39 – 51.

Al-Muharrami, S. 2019. Economic Feasibility Study Preparation and Analysis. Dept. of Economics and Finance , Coll. of Economics and Political Science, Univ. of Sultan Qaboos . First Edition. pp : 89

Al-Tamimi, A. N. A. 2008. Genetic Evaluation of Holchian Friesian Bulls in The Artificial Insemination Center/Abu Ghraib. M.Sc. Thesis, Coll. of Agric., Univ. of Baghdad. pp.105

Ameen, F. A., and at.el. 2019. Financial evaluation of naimi sheep fattening systems in al-ahsa governorate, kingdom of Saudi Arabia, Iraqi Journal of Agricultural Sciences. 50(6):1588-1596

Amir H., and et.al. 2017. Financial feasibility analysis, small business farm beef cattle livestock in Gorontalo District ,Journal Perspective Pembiayaan dan Pembangunan Daerah 5. (2): 105-1015

Apparae, M. D. 2012. A Feasibility Analysis of Dairy Ventures in India, M.Sc. Thesis, Univ. of At Massey. P. 29

Barbaz. D. S. and A. D. K. AL-Hiyali .2020. Financial evaluation of some agricultural initiative projects in Iraq. Iraqi Journal of Agricultural Sciences .51(6): 1623 – 1633

Barbaz. D.S. 2014.he Economic evaluation of producing wheat at Al- Abaichi farm. Iraqi Journal of Agricultural Sciences. 45( 2):165- 173.

Borgonovo,E and L. Peccati . 2004. Sensitivity analysis in investment project evaluation. Int. J. Production Economics. 90 : 17–25

Food and Agriculture Organization of the United Nation ( FAOSTAT) 2019. World Food and Agriculture Statistical . Rome pp: 65

Hanafi, A. G. 2007. Fundamentals of Finance and Financial Management. Publishing and Distribution House. Alexandria. pp : 285

Herbert, K. 2012. IRR: A Blind Guide . American Journal of Business Education . 5(4): 417- 426

Hilal Y. M. and at .el.2016. Economic analysis of dairy cattle farms in east Mediterranean region of Turkey. Revista Brasileira de Zootecnia.45(7 ): 409- 416

Mahmood, M. A., O. K. Jebara. and S. F. Khater. 2017. Financial evaluation of broiler production projects in Diyala governorate in the year 2017 .Iraqi Journal of Agricultural Sciences. 50(1):446- 455

Mahmoud, A. M. 2014 . An Economic Analytical Study of The Current Situation and the Future of the Wheat Self Sufficiency in Egypt . Egyptian Journal of Agricultural Research . 92 (2): 781- 801

Mouawad, Jad, 2008. Pumping Hydrogen, https://www.nytimes.com/2008/09/24/businessspecial2/24hydro.html

Othman, S. A. A. 2003. Feasibility Studies of Projects, from Theory to Practice. University House Press – Alexandria. pp:296

Sheikhi, M. 2012. Econometric Methods, Lectures, and Applications, 1st edition, Dar Al-Hamid, Amman, Jordan. pp:60

The Arab Organization for Agricultural Development / Agricultural Statistics Yearbook / Miscellaneous Issues.pp

The National Strategic Review for Food Security and Nutrition in Iraq, ICARDA, 2018

United Nations. 2019. Food and Agriculture Organization, Global Livestock Environmental Accounting Model, at http://www.fao.org/gleam/results/ar/#top

United Nations. 2020. International Plant Protection Convention, IPPC, Food and Agriculture organization, Rome. https://www.ippc.int/en

Zardaq, A. A. R. and M. S. Bassiouni.2011. Principles of Economic Feasibility Studies. Faculty of Commerce. Benha University. Egypt pp : 234

Downloads

Published

2023-02-22

Issue

Section

Articles

How to Cite

Eman Younis Al Najjar. (2023). STADY THE TECHNICAL AND ECONOMIC FEASIBILITY AND ENVIRONMENTAL IMPACT FOR A PROJECT OF RAISING MILK COWS IN GOGJALI REGION NINEVEH GOVERNORATE. IRAQI JOURNAL OF AGRICULTURAL SCIENCES, 54(1), 216-228. https://doi.org/10.36103/ijas.v54i1.1692

Similar Articles

1-10 of 434

You may also start an advanced similarity search for this article.