Investment Feasibility Study of Liquid Smoke Factory in Kijang Island, Regency of Indragiri Hilir, Riau.

By:
Khairul Ihwan
NIM: 05660015

ABSTRACT

Regions around Regency of Inhil, Riau is the largest coconut plantation areas in Indonesia, which has primary commodity of copra and rubber. Copra trading conditions not provide added value and adequate social welfare due to the role of domination gecko (gatherer) in determining the price. This condition can be overcame by innovating refined coconut be high added value products, such as liquid smoke that serves as a coagulant latex (rubber).
Liquid Smoke is the result of condensation of smoke from the pyrolysis of coconut shell. This study discusses the feasibility investment study of liquid smoke factory in Kijang Island, Indragiri Hilir Regency, Riau. Scope of study conducted covers aspects of marketing, technical, legal, environmental, and financial aspects.
Based on the results of the study, the investment plans of liquid smoke factory capacity of 800 liters per day in Kijang Island, Indragiri Hilir Regency, Riau, was declared eligible. Marketing target of liquid smoke products is rubber plantation sector with the potential demand 4134.5 liters per day. Based on financial analysis can be obtained NPV amount of Rp 3.252.317.200,-, IRR 134%, BEP at a price of Rp 3.692 per liter, PP for 0.8 years. The selling price of liquid smoke is determined amount of Rp 6000,-. Thus the aim of providing higher value-added to the processed coconuts will be achieved prosperity.

Keywords: Feasibility studies, liquid smoke, coconut, rubber, added value.