Off-season Vegetables Farming (Walk-in Tunnel) [Rs. 6.96 million, Mar-2016]

Off-season Vegetables Farming (Walk-in Tunnel) [Rs. 6.96 million, Mar-2016]
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07 April 2016
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Tunnel farming is practiced in many areas of Pakistan and is gaining popularity. Faisalabad, Mamokanjan, Gujranwala, Okara & Sahiwal are the most prominent cities for tunnel farming.

The proposed project is a medium sized off-season vegetable farming unit, spreading over 9 acres. Off-season vegetables are proposed to be cultivated in this project by using walk in tunnel technology. The proposed vegetable mix is Cucumber, Bitter Gourd and Hot Pepper each cultivated on 3 acres of land. The approximate total time from land preparation to harvesting is around 7 months.

The estimated yield of the farm varies according to the type of vegetables selected. The quantity of plants sown each year on 9 acres of land is 15,000 plants of cucumber, 15,000 plants of bitter gourd and 12,000 plants of hot pepper. The estimated produce per acre would be 55 tons of cucumber, 30 tons bitter gourd and 30 tons of hot pepper excluding wastage.

Complete adherence to best agronomic practices is critical to the success of this project. Therefore, technical knowledge & experience of the entrepreneur is absolutely necessary.

The cost for setting up the high tunnel farm is estimated at Rs. 6.96 million out of which Rs. 2.90 million is the capital cost and Rs. 4.06 million is for working capital. The project NPV is projected at Rs. 10.83 million with an IRR of 52% and payback period is 1.90 years respectively.

 
 
 
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