This profile envisages the setting up of a plant that manufactures Bio – Fertilizers. Bio-fertilizer’ is a substance which contains living microorganisms which, when applied to seeds, plant surfaces, or soil, colonizes the rhizosphere or the interior of the plant and promotes growth by increasing the supply or availability of primary nutrients to the host plant. Fertilizers directly increase soil fertility by adding nutrients. Bio-fertilizers add nutrients through the natural processes of fixing atmospheric nitrogen, solubilizing phosphorus, and stimulating plant growth through the synthesis of growth promoting substances.
This plant will be established on the premise of producing 1000kg of bio-fertilizers per day.
Scale of Investment, Capital Investment
The total fixed Capital investment cost to start this project is USD 17822
The demand for Bio-fertilizers is spread in almost all agriculture practicing areas in Uganda
Capital investment requirement in US $
|Capital Investment Item||Qty||@$||Amount $|
|Hot air Oven||1||1000||1000|
|Laminar air flow||1||430||430|
Production and operation costs in US $ General Costs (Over heads)
|Item||Units||@ $||Qty/ day||Prod. Cost/ day$||Prod. Cost/ month$||Prod. Cost/ Year|
|Utilities (Power & Water)||1,500||18,000|
|Repair & Maintenance||500||6,000|
|Depreciation (Asset write off) Expenses||371||4,456|
|Sub – total||4,871||58,456|
|Total Operating Costs||85,471||1,025,656|
Project Product Costs & Price Structure
|Item||Qty/ day(kg)||Qty/ year||@$||Pdn Cost/ yr$||UPx||T/rev|
|Profitability Item||Per day||Per Month||Per Year|
|Less: Production & Operating Costs||3,287||85,471||1,025,656|
Sources of Supply of Raw Materials:
The major supplies are readily available in the Ugandan chemicals and Agro industries.
Government Facilities and Incentives Available:
The Government has adopted initiatives to support modernization of agriculture through, tax exemptions, basic infrastructure, Grants, and liberalized market.