IDEAS home Printed from https://ideas.repec.org/
MyIDEAS: Log in (now much improved!) to save this paper

An Integrated Investment Appraisal of Cassava Starch Production in Rwanda: The Case of Kinazi Cassava Plant

Listed author(s):
  • Alice Nsenkyire

    ()

    (Eastern Mediterranean University, North Cyprus)

  • Glenn P. Jenkins

    ()

    (Queen’s University, Canada and Eastern Mediterranean University, North Cyprus)

  • Mikhail Miklyaev

    ()

    (Eastern Mediterranean University, North Cyprus)

  • Octave Semwaga

    ()

    (Eastern Mediterranean University, North Cyprus)

In April 2012, Kinazi Cassava Plant was established as a government initiative to produce high quality cassava flour, and other value added cassava products. After the successful establishment of the cassava flour plant in Ruhango district, KCP now plans to diversify into cassava starch production to feed the emerging manufacturing industries such as the pharmaceuticals, food processing, breweries, textiles etc. both domestically and for exportation. The study assesses the financial and economic viability, the stakeholder impact and the risk inherent in establishing the Kinazi Cassava Starch Plant in Rwanda. The deterministic results from the analysis indicate that the project sponsors will earn a rate of return greater than the opportunity cost of funds. Additionally, large net economic benefits will accrue to Rwanda in the form of tax revenue generated directly and indirectly through the export sales of cassava starch. The identified stakeholders who benefit from the project are the owners of the project, the government and labour who benefit in the form of profits, tax revenue and higher wages respectively. The risk analysis conducted revealed that changes in certain critical input variables (real exchange rate, real price of cassava tubers, price of cassava starch, investment cost over-run and production capacity utilization) cause project outcomes to increase or decrease significantly.

If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.

File URL: http://www.queensjdiexec.org/publications/qed_dp_282.pdf
Download Restriction: no

File URL: http://www.queensjdiexec.org/publications/qed_dp_282_a1.xlsx
Download Restriction: no

Paper provided by JDI Executive Programs in its series Development Discussion Papers with number 2015-10.

as
in new window

Length: 84 pages
Date of creation: Oct 2015
Handle: RePEc:qed:dpaper:282
Contact details of provider: Postal:
Kingston, Ontario, K7L 3N6

Phone: (613) 533-2250
Fax: (613) 533-6668
Web page: http://www.econ.queensu.ca/
Email:


More information through EDIRC

No references listed on IDEAS
You can help add them by filling out this form.

This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

When requesting a correction, please mention this item's handle: RePEc:qed:dpaper:282. See general information about how to correct material in RePEc.

For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Bahman Kashi)

If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

If references are entirely missing, you can add them using this form.

If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

Please note that corrections may take a couple of weeks to filter through the various RePEc services.

This information is provided to you by IDEAS at the Research Division of the Federal Reserve Bank of St. Louis using RePEc data.