Feasibility of catfish Pangasius hypopthalmus enlargement business in the former of small-scale community gold mining, Indonesia

Authors

1 Departement of Natural and Environmental Resource Management, University of Palangka Raya

2 Departement of Fisheries Product Technology, University of Palangka Raya, Palangka Raya-73112, Indonesia

3 Departement of Aquaculture, University of Palangka Raya, Palangka Raya-73112, Indonesia

10.22124/cjes.2024.7444

Abstract

The business activities of small scale community gold mining are quite promising, namely exploring or exploiting natural resource resources without regard to environmental damage. The purpose of the study was to analyse the business feasibility of catfish (Pangasius hypopthalmus) enlargement in a former of small scale community gold mining in Katingan Regency, Indonesia. The results showed: The value of the Net Benefit Cost Ratio of catfish enlargement business in the former of small scale community gold mining from 2010 to 2018 with a BCR value = 1,037. This business is feasible to conduct with Net BCR > 1 or profitable and financially feasible. NPV value equal to  56,303,246,  or this business is feasible because it produces NPV > 0; and 3) The IRR calculation value shows a positive result, i.e., the IRR value of 23.69%.

Keywords


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