Development Opportunity Of Floating Net Cage (Fnc) SystemTrevally (Caranx Spp.) Culture Business In Amurang District, South Minahasa Regency, North Sulawesi, Indonesia

Abstract

Business opportunity and prospect of floating net cage system-trevally culture were studied in Amurang District based on its financial aspects. Trevally culture is one of alternative livelihoods of coastal communities in Amurang district in order to reduce the dependence upon fishing activities towards over- exploitation. Data collection used purposive sampling, intentionally selecting Ranoyapo and Bitung villages, trevally culture business centre in Amurang district, as study site. For this, 30 respondents of fish farmers were selected for their business feasibility analysis. This study was aimed at knowing the feasibility level and the profit of the trevally culture business in Amurang district. The feasibility analysis used Net B/C Ratio, Internal Rate of Return (IRR), Rate of Return On Investment (ROI), Payback Period (PBP), and Break Even Point (BEP) calculations. Results showed that B/C ratio of 1.17, production BEP of 18.409 kg and production price BEP of Rp. 35,066/kg. Rate of Return on Investment (ROI) obtained was 10.56 months. The profitability (ROI) was 1.58 % and IRR was 85.27%. As conclusion, trevally culture in Amurang district, South Minahasa regency is feasible to develop as an alternative livelihood, but it needs to have strategic steps to be able to raise production and gain, such as seedling and food supply, so that trevally culture could become one of the alternative businesses to develop in the coastal area of Amurang district.