Financial analysis of konjac planting in the Lerto Royal Project Development Center, Tak province | การวิเคราะห์ทางการเงินของการปลูกบุกในพื้นที่ศูนย์พัฒนาโครงการหลวงเลอตอ จังหวัดตาก
2022
Varaporn Choonim(Kasetsart University, Bangkok (Thailand)) | Santi Suksard(Kasetsart University, Bangkok (Thailand). Faculty of Forestry) | Nittaya Mianmit(Kasetsart University, Bangkok (Thailand). Faculty of Forestry) | Supasit Sriarkarin(Kasetsart University, Bangkok (Thailand). Faculty of Forestry)
The objectives of this study were undertaking a financial analysis of konjac platation in the Lerto Royal Project Development Center, Tak province. Data was gathered by interviewing 98 konjac growers. The statistical analysis was used to calculate the frequency, percentage, average, maximum, and minimum. Three suitable indicators were used as criteria–cost ratio, net present value, and internal rate of return at a given discount rate of 3 percent, 5 percent, 7 percent, and 9 percent in a 2, 3 and 4 year life project. The results indicated that the average age of konjac growers was 45.46 years. Most konjac growers were uneducated (79.59 percent) and their main occupation was agriculture (85.71 percent). Their average annual household income and expenses were 87,678.14 and 61,098.02 Baht, respectively. There were 8 konjac planting patterns observed through the analysis, with 5 konjac planting patterns that were have investment potential: 1) monoculture konjac with a project life of 3 years, 2) monoculture konjac with a project life of 4 years, 3) mixed konjac and banana planting with a project life 2 years, 4) mixed konjac and banana planting with a project life 3 years, and 5) mixed konjac and banana planting with a project life 4 years at a given 4 discount rate of 3, 5, 7, and 9 percent with B/C GT 1, NPV GT 0, and IRR GT the determining the discount rate. Mixed konjac planting with banana with a project life 4 years had the highest NPV at all the determined discount rates, which could give the best return on investment for the interested planters.
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