Vol. 11 No. 1-2 (2017)
Articles

Assessing the financial viability of the floricultural industry in Ghana

Published June 30, 2017
Emmanuel Donkor
Department of Agricultural Economics, Agribusiness and Extension, Kwame Nkrumah University of Science and Technology, Kumasi, Ghana
Enoch Owusu-Sekyere
Department of Agricultural Economics, University of the Free State, Bloemfontein, South Africa
Victor Owusu
Department of Agricultural Economics, Agribusiness and Extension, Kwame Nkrumah University of Science and Technology, Kumasi, Ghana
Samira Saadu
Department of Agricultural Economics, Agribusiness and Extension, Kwame Nkrumah University of Science and Technology, Kumasi, Ghana
Jacqueline Baidoo
Department of Agricultural Economics, Agribusiness and Extension, Kwame Nkrumah University of Science and Technology, Kumasi, Ghana
Hennor Avame Yaw
Department of Agricultural Economics, Agribusiness and Extension, Kwame Nkrumah University of Science and Technology, Kumasi, Ghana
Djamson Eric Kwesi
Department of Agricultural Economics, Agribusiness and Extension, Kwame Nkrumah University of Science and Technology, Kumasi, Ghana
Felix Owusu Serbeh
Department of Agricultural Economics, Agribusiness and Extension, Kwame Nkrumah University of Science and Technology, Kumasi, Ghana
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APA

Donkor, E. ., Owusu-Sekyere, E. ., Owusu, V. ., Saadu, S. ., Baidoo, J. ., Yaw, H. A. ., Kwesi, . D. E., & Serbeh, . F. O. . (2017). Assessing the financial viability of the floricultural industry in Ghana. Applied Studies in Agribusiness and Commerce, 11(1-2), 119–126. https://doi.org/10.19041/APSTRACT/2017/1-2/15

This study determines the financial viability of the floricultural industry in Ghana using both discounting and non-discounting investment appraisal methods. The feasibility analysis suggests that large-scale floricultural firms are more profitable particularly with the production of cut flowers. However, investors with limited capital can venture into small-scale production specifically cut flowers. The conclusion is that the floriculture industry is financially viable therefore investors are encouraged to expend their resources in the industry. We recommend that the government and stakeholders need to create institutional support to enable the already established firms to further develop and attract new investors in the sector.

JEL. Code: Q13