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 2011 / 

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Technical and Economic feasibility study of producing chicken meat project in the
province of Anbar
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Abstract
Poultry meat is the best alternative to red meat, the volume of demand has increased
due to population increase and improve the level of income and relatively high prices of
red meat, but that domestic production is unable to meet the increasing demand, forcing
the state to allow for importing a large quantities of these goods, the annual demand rate
for this commodity has been estimated for the next five years up to (408000) tons per
year and estimated the size of the gap between expected consumption and domestic
production is expected only (300000) tons per year, which requires increased
investments in this area to ensure the needs of citizens of the local production instead of
importing them from abroad . therefore , we have conducted a study of technical and
economic feasibility for a project in the production of poultry meat to be placed in the
hands of farmers and investors to take advantage of them and encourage them to invest
in this area. I have shown the evaluation criteria from the standpoints of business
profitability and profitability of national feasibility of investment and the weakness of
the risk, it reached the payback period (2,7) years, and the simple rate of return is (31%)
and internal rate of return (35.6%) and social rate of return is (25%) and sensitivity
analysis showed that the degree of risk is weak , since increasing the values of the
factors affecting the project by the (10-50%) or decline the same percentage does not

148
 2011 /             7 
 4 

have a great impact ,so that the evaluation criteria and in particular the net present value
of the project to be a negative value , which indicates that the projects produce white
meat has high profitability and low risk , and this project is very important and we
should encourage to investment in it.

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20 104 14115 178 282 1982
14 76 14586 129 205 1983
15 39 15077 184 223 1984
16 59 15585 190 249 1985
15 37 16110 198 235 1986
16 58 16335 201 259 1987
15 45 16882 210 255 1988
19 66 17426 260 326 1989
14 76 17890 170 246 1990
8 139 18419 12 151 1991
7 113 18949 28 141 1992
7 115 19478 26 141 1993
6 118 20007 7 125 1994
7 142 20536 9 151 1995
7 - 21124 - 142 1996
2 - 22046 - 41 1997
2 - 22702 - 45 1998
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176.0 257.2 81.2 23382 1999
165.6 265 99.4 24086 2000
152.7 273 120.3 24813 2001
113.0 281 168.0 25565 2002
215.8 290 74.2 26340 2003
234.3 299 64.7 27139 2004
212.7 307 94.3 27963 2005
204.6 317 112.4 28810 2006
231.3 326 94.7 29682 2007
266.2 351 84.8 31895 2008
267.8 353 85.2 32105 2009
275.4 361 85.6 32831 2010
283.9 370 86.03 33619 2011
291.5 378 86.46 34406 2012
300.1 387 86.9 35193 2013
308.7 396 87.3 35981 2014
316.3 404 87.7 36768 2015
324.9 413 88.1 37556 2016
 
  
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331 23382 41771 1999
337 24086 42358 2000
343 24816 43335 2001
348 25565 40344 2002
354 26340 26990 2003
360 27139 41607 2004
365 27963 43438 2005
370 28810 47851 2006
377 29682 48046 2007
382 31895 50000 2008
388 32105 57000 2009
391 32831 57675 2010
395 33619 60442 2011
399 34406 63209 2012
404 35139 65976 2013
408 35981 68743 2014
412 36768 71510 2015
417 37556 74277 2016

161
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:6  
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173
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.%
 
 #  =B
 ! #1986 #7) 
   

%? #8  (18
.
 #  B 8  #
@ 4! ! #2008 # 

#8  (19
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 #"!@  
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 #2002 # &  < %E # (20
O  0" $
  7    ! >?   # ( 1979 ) # O"  # 0) (21
. B   # %  # 8  
#

: +  
1- Ayyub B.M.( 2003),Risk Analysis in Engineering and Economics,
Chapmpan and Hall /CRC, Florida, USA.
2- Brigham. Eugene F. ( 1986 ) , Fundamentals of Financial Management
,Fourth Edition.
3- Couper J. (2003 ) .process Engineering Economics, Marcel Dekker Inc, New
York . USA.
4- Dofasco R. ( 2004 ) , Quantitative methods for Investment Analysis ,CFA ,
Institute, USA.
5- Petty and others , ( 2002 ) Fnancial management Principles and
Applications , Ninth Edtion , Prentice Hall , USA.

174
 2011 /             7 
 4 

(1) C 
 'Y ( . L #)   $ .$
   $ : 
   $    $
#  6 $ .$
 $ .$

.$
 .$
   
% 10 # #
# #
212602 - 1.0 212602 0 0
200071 270882 0.909 220100 298000 1
181803 246148 0.826 220100 298000 2
165295 223798 0.751 220100 298000 3
150328 203534 0.683 220100 298000 4
136682 185058 0.621 220100 298000 5
124136 168072 0.564 220100 298000 6
112911 152874 0.513 220100 298000 7
102787 139166 0.467 220100 298000 8
93322 126352 0.424 220100 298000 9
84959 131440 0.386 220100 340520 10
1564896 1847325

(2) C 
 'Y ( . ,)   $ .$
    $ : 
   $    $
$ .$
 $ .$

.$
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 #  6 .
# #
# #
212602 0 1.0 212602 0 0
170983 218524 0.909 188100 240400 1
155371 198570 0.826 188100 240400 2
141263 180540 0.751 188100 240400 3
128472 164193 0.683 188100 240400 4
116810 149288 0.621 188100 240400 5
106088 135586 0.564 188100 240400 6
96495 123325 0.513 188100 240400 7
87843 112267 0.467 188100 240400 8
79754 101930 0.424 188100 240400 9
72607 109207 0.386 188100 282920 10
1368288 1493430

175
 2011 /             7 
 4 

(3) C 
H+ 
 'Y # <6 6       $
 : 
   $    $
C
 1$ C
 #  6 #  6 C


.
# 6 # 6 % 36 % 10 1 1$
% 36 % 10
(212602) (212602) 1.0 1.0 (212602) 0
57257 70811 0.735 0.909 77900 1
42140 64345 0.541 0.826 77900 2
30926 58503 0.397 0.751 77900 3
22747 53206 0.292 0.683 77900 4
16749 48376 0.215 0.621 77900 5
12308 43936 0.158 0.564 77900 6
9036 39963 0.116 0.513 77900 7
6622 36397 0.085 0.467 77900 8
4908 33030 0.063 0.424 77900 9
5539 46482 0.046 0.386 120420 10
(4370) 282447 NPV

(4) C 
IRR= % 35.6 (5  )   # <6 6 : 
   $    $
C
 1$ C
 #  6 #  6 C


.
# 6 # 6 % 25 % 10 1 1$
% 25 % 10
(212602) (212602) 1.0 1.0 (212602) 0
41840 47541 0.800 0.909 52300 1
33472 43200 0.640 0.826 52300 2
26778 39277 0.512 0.751 52300 3
21391 35721 0.409 0.683 52300 4
17102 32478 0.327 0.621 52300 5
13703 29497 0.262 0.564 52300 6
10983 26830 0.210 0.513 52300 7
8786 24424 0.168 0.467 52300 8
7008 22175 0.134 0.424 52300 9
10145 36601 0.107 0.386 94820 10
(21394) 125142

176
 2011 /             7 
 4 

(5) C 
 'Y H+    : 
*   $
    $ : 
   $ #  6 : 
*   $
   $
 $
    
 .
?

*  % 12 ( ') ( ')
45007 104253 0.893 50400 116745 1
40169 93046 0.797 50400 116745 2
35885 83122 0.712 50400 116745 3
32054 74250 0.636 50400 116745 4
28577 66194 0.567 50400 116745 5
25553 59190 0.507 50400 116745 6
22781 52769 0.452 50400 116745 7
20362 47165 0.404 50400 116745 8
18194 42145 0.361 50400 116745 9
16229 51283 0.322 50400 159265 10
284811 673417

(6) C 
( 'Y) 5    : 
*   $
    $ : 
   $    $ #  6 : 
*   $ .
:  $
    

+ 
*  % 12 ( ') ( ')
45007 81392 0.893 50400 91145 1
40169 72643 0.797 50400 91145 2
35885 64895 0.712 50400 91145 3
32054 57968 0.636 50400 91145 4
28577 51679 0.567 50400 91145 5
25553 46211 0.507 50400 91145 6
22781 41198 0.452 50400 91145 7
20362 36823 0.404 50400 91145 8
18194 32903 0.361 50400 91145 9
16229 43040 0.322 50400 133665 10
284811 528752

177
 2011 /             7 
 4 

(7) C 
(H+  )   6 
    $ : 
   $ ')
   $ #  6  6 

')    6 .
 
 % 10  
 '  '
212602 0 1.0 212602 0 0
200071 174528 0.909 220100 192000 1
181803 158592 0.826 220100 192000 2
165295 144192 0.751 220100 192000 3
150328 131136 0.683 220100 192000 4
136682 119232 0.621 220100 192000 5
124136 108288 0.564 220100 192000 6
112911 98496 0.513 220100 192000 7
102787 89664 0.467 220100 192000 8
93322 81408 0.424 220100 192000 9
84959 74112 0.386 220100 192000 10
1564896 1179648

(8) C 
(5  )   6 
    $ : 
   $    $ #  6 ')  6 

.
') 
 % 10    6  
212602 0 1.0 212602 0 0
170983 139622 0.909 188100 153600 1
155371 126874 0.826 188100 153600 2
141263 115354 0.751 188100 153600 3
128472 104909 0.683 188100 153600 4
116810 95386 0.621 188100 153600 5
106088 86630 0.564 188100 153600 6
96495 78797 0.513 188100 153600 7
87843 71731 0.467 188100 153600 8
79754 65126 0.424 188100 153600 9
72607 59290 0.386 188100 153600 10
1368288 943719

178

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