Packing of dried aromatic plants and herbs Opportunity Description: Packed - fennel, cumin, caraway, anise - local herbal plants are of high quality, adding value to abundant supply. Process requires cheap manual labor. Proximity to port of Safaga will open export opportunities once it is ready. |
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  PRODUCT: Packed herbs Sector: Sustainable Agriculture and Food Processing Market: Local consumers, Export Initial Investment Required: EGP 638,000 Details Available: Opportunity Study |
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Market Potential: Local demand for herbal drinks through supermarkets and pharmacies, and for export markets as dried herbs (bulk, teabags, etc.). It can later upgrade for export to international pharmaceuticals. Supply: Packaging material, sieves set Process: Sieving and packaging (material is already dried) Human Resources: Technical and Business Development Manager – 1 Operations and Maintenance – 2 Manual Labor – 4-8 Financial: CAPEX required EGP 435,000 3-month OPEX required EGP 203,000 IRR expected is 62% Payback period around 1.7 years Risk: Risk - Scattered cultivated areas for different herbs and plants complicates collection process. Quality of harvest may not be up to standard, therefore - Mitigation - raising farmer awareness of added value in producing quality harvest is key for quality control of supply. IMPACT: Environmental - Decrease waste in produce by providing longer shelf life product. Social - Increase return on agriculture activities. |
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