Economic Feasibility of Potable Water Production Projects in Iraq: The Case of the Water Desalination Plant in Najaf
Journal: International Journal of Multidisciplinary Research and Publications (Vol.5, No. 9)Publication Date: 2023-03-15
Authors : Ali Kamil Baiwy Alaa Adnan Ali;
Page : 109-117
Keywords : ;
Abstract
The paper aims to explore the economic feasibility of drinking water bottling projects in Iraq by applying it to the sanitary water desalination project in Najaf. The study follows the exploratory analytical approach using financial evaluation indicators for the proposed project. The data was collected through a field study of the local market and the approval of the opinions of experts and technicians in this industrial field. The results show that establishing a plant for bottling potable water in Najaf is an economically and financially feasible project. Furthermore, the financial analysis results show that the return-on-investment rates are acceptable for the project and that the project recovers investment costs promptly. The results also show that establishing a potable water factory will meet the increasing demand for these products in the local market and enhance competition with imported products.
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