Previous Page Table of Contents Next Page


Appendix 5

FEASIBILITY OF FRESHWATER PRAWN FARMING (GROW-OUT)
IN SINDH, PAKISTAN (1996)

The following estimate of the financial feasibility of farming freshwater prawns in Sindh Province, Pakistan, was based on the use of hatchery-reared 3 g juveniles, to be produced initially in a government hatchery/demonstration farm. The unit costs utilized in the following estimates are contained in Appendix 4. The estimates are for a single one-hectare pond on land already owned*.

 (PRs)
CAPITAL COSTS** 
  
Land*nil
Construction125 000
  
ANNUAL GROSS INCOME 
1 500 kg/yr at PRs 135/kg202 500
  
ANNUAL RUNNING COSTS 
  
Water19 000
Repairs and harvesting14 000
Labour18 000
Lime3 750
Fertilizers5 200
Seed at 5/m2, 3 g juveniles and PRs I/each50 000
Feed at FCR 2.545 000
Contingencies (approximately 5%)7 750
  
Total annual costs (excluding capital)162 700
  
Add: 
20% write down of capital cost25 000
  
Total annual costs (capital cost written off in 5 years)187 700
  
ANNUAL GROSS PROFIT 
Excluding capital write off:39 800***
  
or: 
  
First 5 years14 800
Sixth year onwards:39 800

*  Land costs, which would in any case be highly site-specific, have been excluded because many already own land. Obviously, capital costs will be higher if land has to be purchased and developed. Conversely, capital costs would be nil or very low, if the prawn farm is based on an existing finfish pond.

** No financial costs have been included. Loans for agricultural development are currently available, for 80% of total costs, at 13–16%.

*** An estimated gross profit of PRs 34 750/ha was given in the PARC PC-1, which was based on an annual harvest of 600 kg. However, the PARC PC-1 document excluded any costs for construction, being based on the use of an existing carp pond.


Previous Page Top of Page Next Page