investment opportunity in cassava Chips and Chunks
Chips and Chunks Investment profile for cassava chips production for livestock feed drying with trays Peeled Chips Unpeeled Chips Capacity 2.5t/day 2.5t/day Output per annum 195t 325t Price Naira/t 20000 18000 Number of working days 180 180 Dry load density 16kg/m2 16kg/m2 Conversion factor 03:01 2.5:1 Raw material required/annum 585t 812t Fixed Cost Processing building 750,000 750,000 Chipping machines (2 unit double chipper of 1t/day) 160,000 160,000 Weighing scale 25,000 25,000 Well (water source) 20000 20000 Installation & other expenses @5% 47,750 47,750 Interest on capital @ 22.5% 225618.75 225618.75 Total cost 1,228,369 1,228,369 Other materials required include: Drying trays (115 nos), rakes, shovels, wheel barrows, basins/tanks for washing and chipping (10 nos), packaging and storage material (bags, ropes, funnel). Costs are based on 2005 prices. -------------------------------------------------------------------------------- Investment profile for cas...