Costs and benefits of the Cuu Long Delta Rice Research Institute project in the Mekong River Delta [Viet Nam]
1995
Mandac, A.M. | Dang The Truyen | Hoang Thi Mai Huong (International Rice Research Inst., Los Banos, Laguna (Philippines))
Financial, economic, and social appraisal was conducted on a project aimed at assisting the Cuu Long Delta Rice Research Institute (CLRRI) to strengthen its research capability and its technology-transfer and extension network. The project was designed to provide training fellowships for researchers and extension specialists; improve research facilities and equipment; and develop, verify, and transfer appropriate technological packages to farmers for improving rice production in the Mekong River Delta. In the financial appraisal, the project was evaluated using market prices; in the economic analyses, however, the prices were adjusted for distortions in the market. The financial net present value (NPV) is highly attractive to the farmer beneficiaries as well as to the project. The economic NPV showed a net gain to the economy. The social appraisal indicated that the economy is the major gainer in the project
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