Assessing the financial viability of the floricultural industry in Ghana

Emmanuel  Donkor; Enoch  Owusu-Sekyere; Victor  Owusu; Samira  Saadu; Jacqueline  Baidoo; Hennor Avame   Yaw; Djamson Eric Kwesi; Felix Owusu  Serbeh

doi:10.19041/APSTRACT/2017/1-2/15

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Vol. 11 No. 1-2 (2017)

Articles

Assessing the financial viability of the floricultural industry in Ghana

Published:

2017-06-30

https://doi.org/10.19041/APSTRACT/2017/1-2/15

Authors

Emmanuel Donkor,

Enoch Owusu-Sekyere,

Victor Owusu,

Samira Saadu,

Jacqueline Baidoo,

Hennor Avame Yaw,

Djamson Eric Kwesi,

Felix Owusu Serbeh

Keywords

benefit-cost ratio financial viability floriculture Ghana profitability

How To Cite

Selected Style: 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

Abstract

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