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Shrimp Farming and the Environment - Library

Shrimp Farming and the Environment - Library

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• Evaluation <strong>and</strong> selection from different farming models (semi-intensive, intensive);• Evaluation of planned stocking densities;• Description <strong>and</strong> justification of technologies selected (including advantages <strong>and</strong>disadvantages), explanation of how <strong>the</strong> technology is adapted to local conditions (includingsocial <strong>and</strong> physical environment), risk control, <strong>and</strong> costs, training, legal aspects;• Description <strong>and</strong> evaluation of water treatment options <strong>and</strong> justification of selected method;• Description of <strong>the</strong> layout <strong>and</strong> scope of <strong>the</strong> project;• Summary of main aspects of <strong>the</strong> physical installations (ponds, pumps, equipment), availabilityof installations/parts, maintenance aspects, <strong>and</strong> costs; <strong>and</strong>• Description of major required works to be built as part of <strong>the</strong> development of <strong>the</strong> operation.7. Management, organizational structure, <strong>and</strong> human resources• Description of basic organizational design, management plan, <strong>and</strong> measures required toimplement;• Estimate of overhead costs;• Description of human resources availability, recruitment <strong>and</strong> training needs, <strong>and</strong> <strong>the</strong> reasonsfor <strong>the</strong> employment of foreign experts (if any);• Indication of key personnel/skills required <strong>and</strong> total employment numbers, both duringconstruction, during start-up, <strong>and</strong> during full operation, including use of construction workersafter <strong>the</strong> construction period; <strong>and</strong>• Description of local/regional socioeconomic <strong>and</strong> cultural aspects related to significant projectrequirements <strong>and</strong> impacts.8. Project implementation schedule• Indication of duration of construction;• Indication of duration of production start-up period;• Planned stocking <strong>and</strong> cropping schedules for <strong>the</strong> ponds; <strong>and</strong>• Identification of any critical actions needed for successful implementation.9. Financial analysis <strong>and</strong> investment appraisal• Summary of criteria governing investment appraisal;• Total investment costs:! Major investment data, showing local <strong>and</strong> foreign components! L<strong>and</strong> <strong>and</strong> site preparation! Structures <strong>and</strong> civil engineering works! Machinery <strong>and</strong> equipment! Auxiliary <strong>and</strong> service equipment! Incorporated fixed assets! O<strong>the</strong>r preproduction expenditures <strong>and</strong> capital costs! Net working capital requirements• Total costs of production:! Operating costs! Depreciation charges! Marketing costs! Financing costs• Project financing:! Source of finance! Impact of cost of financing <strong>and</strong> debt service on project proposal! Relevant public policies on financing;• Investment appraisal key data:! Discounted cash flow (internal rate of return, net present value)! Pay-off period! Yield generated on total capital invested <strong>and</strong> on equity capital! Yield for parties involved, as in joint venture projects! Significant financial <strong>and</strong> economic impact on <strong>the</strong> national economy• Aspects of uncertainty, including critical variables, risks, possible strategies/means of riskmanagement, probable future scenarios <strong>and</strong> possible impact on <strong>the</strong> financial feasibility of <strong>the</strong>project;78

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