BUSINESS OPPORTUNITY PROJECT SUMMARY
PROJECT CONCEPT:
The Project adopts the concept of a Village-Scale Coco Foods Processing Plant with a daily capacity of only 1,000 nuts as the most affordable and viable initial phase of a fully integrated community coconut central.
At this initial scale, the 300,000 coconuts raw material requirement can be supplied by as low as 20 hectares at the average annual production of 15,000 per hectare of a fully planted and productive coconut farm.
The Project shall adopt the “wet-dry” process that eliminates the conventional copra making phase.
The Project shall involve available local technologies that are adapted to local conditions. A major departure from conventional practice is the use of biomass, e.g. rice hull and/or corncobs, as fuel for all cooking and drying operations.
Such a set-up allows the full recovery of the economic value of the coconut shell and husk, which are partly (in some cases fully) consumed in copra-drying and edible oil production processes.
Instead of the traditional practice that takes about 3 days of copra drying, the “wet-dry” process produces coconut oil and aflatoxin-free sapal meal within 24 hours.
The main product lines at this initial stage include: beverage from the nutrient-rich coconut water; gata (fresh coconut milk), virgin oil and sapal feed ingredients from the meat; and charcoal from the cocoshell.
The coconut husk supply shall initially be sold as fuel to household users and delicacy makers. After attaining stable operations of the initial product lines, the village-scale plant shall expand operations and/or be replicated in other villages, and the cluster shall evolve the fully integrated municipal-level coconut central.
The central shall at this point incorporate the decorticating facilities to convert the coconut husk to produce coir and peat, and grinding equipment to produce coco flour from the sapal byproduct.
ANNUAL OPERATING INCOME: PhP 5.01 million
ESTIMATED TOTAL PROJECT COST: PhP 2.37 million
RETURN ON INVESTMENT RATE (R0I) /PAYBACK PERIOD: 213.1% p.a. /0.5 years
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