STUDY OF THE BANGUS FISHING INDUSTRY: PROSPECTS AND PROBLEMS, BENEFIT-COST ANALYSIS APPROACH*

SERAPIO A. BRAVO
National Economic and Development Authority

ABSTRACT

This study is an economic appraisal of the prospects and problems of the bangus fishing industry. The prospects had been appraised in the light of the cost-benefit flows or streams using the standard investment criteria of NPV and IRR.

Results showed that the project is economically feasible. Benefits start accumulating during the second year from the social viewpoint. The liquidity and stability of the project lend assurance to the loan-paying capacities and generation of working capital. The assumptions are valid and realistic to the project. The prospects of the bangus industry are bright. The problems are mostly on technology of raising, fry shortage and fund sources.


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