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The Business Prospect of Climbing Perch Fish Farming with Biofloc Technology at De’ Papuyu Farm Banjarbaru

Journal: International Journal of Environment, Agriculture and Biotechnology (Vol.3, No. 3)

Publication Date:

Authors : ;

Page : 1145-1153

Keywords : Climbing perch; biofloc; business feasibility; NPV; Net BCR; IRR; SWOT.;

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This research aimed at investigating the business prospect of climbing perch (Anabas testudineus) fish farming with biofloc system at De' Papuyu Farm, Banjarbaru of Indonesia, as well as providing the business development strategy by mean of SWOT analysis. Total cost required for this business was IDR 165,218,200 per year and the income gained was IDR 7,880,700 per month with the Payback Period (PBP) value was 2.67. On the basis of 7 % and 9 % of interest rates, the Net Present Value (NPV) value was greater than 0, and the Net Benefit Cost Ratio (Net BCR) was greater than 1. While the Internal Rate of Return (IRR) value obtained was 57.04 %. The business provides the profit more than three times higher than the province minimum wage; thus it is considered feasible and profitable for the future strategic choices. The business has the favorable prospect and the biofloc system for the culture of climbing perch is applicable for other fish farmers.

Last modified: 2018-07-27 01:13:48