Economic Evaluation of the Packaging Industry of Dates in New Valley Governorate (Case Study)

Abstract

Projects of various sizes and types contribute to the success of the economic development plans in general. Agricultural industrial projects are the basis for agricultural development in the economies of many countries, so this research aims to identify the economic feasibility of one of the productive activities in the New Valley governorate, On the efficiency of the work in the manufacturing units and the possibility of expansion in the future establishment in addition to identify the implications of the establishment of those units. The questionnaire was prepared and completed by (16) establishments working in the field of packing dates, semi-automatic, The research data were collected in 2019 through a personal interview with the factory managers, The questionnaire included data on production values, raw materials, wages, commodity and service inputs, number of workers, … etc., These data were analyzed using financial and economic criteria. As it achieves an annual trading profit ranging between (6.9–167.30) million pounds, which represents a commercial profitability ratio ranging from (1.50 - 2.59) pounds, which is a high percentage reflecting the profitability of this productive activity, while the income of the investor invested between (0.50 - 1.59) pounds Which indicates the efficiency of this industry economically, while the value of the break-even point ranged from (6.77-104.94) million pounds, while the percentage of the margin safety of production ranged between (32.18 - 61.16)%showed the ability of these manufacturing units to cope with the potential risk conditions of lower production. Or lower product price. Recommendations for the promotion of the date packaging industry in the New Valley Governorate: This research is recommended to work to take care of those industries in this governorate, with a deliberate plan to increase the number of industrial units in terms of capacity and location and the spread of industry at the level of the Governorate, And working on raise the technical level of the industry with the provision of trained technical manpower, As well as the importance of attention to the availability of data related to agricultural industries in the economic publications issued by the Ministry of Agriculture, which leads to increase the contribution of this industry to increase national income through the following points: 1. The need to reduce the selling prices to the consumer to contribute to the increase in demand for these products and thus the exploitation of idle energies, especially as this industry earns high profits. 2. Promote such activity and encourage investment by granting facilities and exemptions to producers. 3. Optimal utilization of idle manufacturing capacities while reducing waste. 4. Design a program to modernize traditional agricultural processing units. 5. Planning and implementing a program to promote rural industrialization. 6. Improving the competitiveness of agricultural products in domestic and international markets. 7. Intensification of industrialization rates for agricultural products, especially the date packaging industry. 8. Improving the agricultural investment climate to provide job opportunities in the New Valley Governorate. 9. Encourage the establishment of industrial agricultural communities in rural areas and reclaimed lands.