Hydroponic farm for vegetable and fish production

Study request

The project is to establish a fish farming project for the species (dentex – grouper – sea bream) using floating cages and modern and advanced proper farming requirements to produce a product of excellent quality with the availability of highly experienced and efficient workers.

Capital

rate of return

Recovery period The second year

Project Description

It is an aquatic farm for the production of vegetables and fish. The project farms tilapia, catfish, carp, and Asian sea bass, and uses its water to grow leafy vegetables (tomatoes, cucumbers, lettuce). The project aims to target hotels, supermarkets, wholesalers, food supply companies, fish markets, hypermarkets, and fish shops. Aquaponics is an integrated farming method between plants and fish, relying on fish waste to feed the plant and relying on feeding the fish with plant nutrients added to the water, such as calcium, potassium, and nitrogen. The aquatic farm project aims to achieve self-sufficiency in fish and agricultural vegetables by reducing imports. It also aims to contribute to covering part of the increasing demand for fresh fish and leafy vegetables. This is done by using the latest methods in the field of aquaponics and fish farming and using the resources available in the Kingdom of Saudi Arabia. The demand for leafy vegetable products is also characterised by increase and continuity due to the high demand for vegetable products and tilapia fish. Therefore, establishing an aquatic farm project is considered one of the great investment opportunities that achieve high economic returns.

Project Products

Tilapia
Catfish
Carp fish
Asian sea bass

Why Mashroo3k ?

Mashroo3k has over 11 years of experience in preparing feasibility studies, market research, and providing a wide range of consulting services, including administrative, economic, financial, and others.
Mashroo3k has offices in 7 international branches, located in Saudi Arabia, the UAE, Egypt, Qatar, Oman, Yemen, and Iraq, in addition to its agents in China, Singapore, and other countries.
Mashroo3k has provided over 8000 services and feasibility studies, helping thousands of clients achieve their investment goals.
Mashroo3k’s services are accredited and trusted by all financial institutions and entities in the Middle East.
Mashroo3k’s service coverage extends to 35 countries across all continents.
Mashroo3k is a member of over 100 prestigious international institutions specializing in market research and business management.
Mashroo3k’s team consists of 350 consultants with extensive knowledge of economic sector indicators and opportunities. Thanks to the diversity of their expertise, they ensure effective solutions and strategies.
Mashroo3k is contracted with over 10,200 suppliers in 35 countries to support projects logistically with production lines, raw materials, machinery, equipment, and similar resources.
Mashroo3k possesses a vast database that enhances the accuracy of its predictions and analyses, as well as its ability to manage risks effectively.

Study the project idea, its components, and its nature.
Study of products, their specifications, features, components and advantages.
Study the economic indicators of the project, the project location, and the demographic indicators in the target market.
Study the size of demand, local production, and the size of imports and exports of the products offered by the project.
Analyzing competitors, product marketing gap, project market share, and conducting a SWOT analysis of the nature of the project.
Study the marketing and promotional plan, pricing and distribution plan for the project.
Study the costs of machinery, equipment, supplies, vehicles and construction for the project.
Studying production capacity and providing quotations for machines, equipment and production lines, and studying line specifications and their compatibility with product manufacturing.
Study the project costs of raw materials, operating requirements, general expenses, marketing and promotional expenses, sales commissions, and direct and indirect salaries.
Study the project’s organizational structure, administrative structures and job descriptions of employees.
Study the project’s investment costs, financing terms and financing structure.
Study the project revenues and revenue forecasts for the coming years.
Study the project’s financial statements during the project’s life, including the financial position, income statement, and cash flows.
Study the financial indicators of the project and its financial analysis.
Sensitivity analysis study of the project.

Executive Summary

About the project
Financial Indicators
Rationale for the project
Government investment incentives in the project field
Target Markets
Project indicators and final results

Study of project services/products

Project description and all its products/services.
Project advantages and production requirements.

Market size study.

Understanding distribution channels.
Consumer behavior, preferences, and tendencies.
Competitors’ products or services, along with their strengths and weaknesses.
Market nature and its characteristics.
The demand size for the offered product or service.
The available share of the target market.
The optimal marketing strategy.

Risk assessment study.

Risk identification.
The impact of risks on the project.
Risk prevention methods.

Technical study

A detailed description of the project’s products, expected production capacity, and determination of investment costs.
Determining the required electricity and water capacity.
Determining the project’s labor requirements.
Determining the project’s requirements.
Calculating construction and building costs.
Calculating the total capital
Determining the annual operating costs.
Determining the amount of working capital.

Financial study.

Total investment costs required for the project.
Organizing cash flow statements, income statements, and the balance sheet for the first ten years of operation.
Determine the expected annual revenues of the project in light of the specified operational capacities
The optimal financing structure for the project in light of investors’ capabilities and financing conditions.
The project’s financial indicators and sensitivity analysis.

Organizational and administrative study.

Project workforce.
Organizational structure.
Job responsibilities.

The Kingdom of Saudi Arabia has given significant importance to the agricultural sector over the past five years, particularly following the launch of Vision 2030. Through this initiative, Saudi Arabia aimed to capitalize on available opportunities and resources to build a strong and sustainable economy.
As a result of its continuous efforts, the agricultural landscape has expanded, crop production has increased, and the number of livestock and fish yields have risen. This progress has contributed to enhancing food security and meeting the nutritional needs of citizens.
Because “Mashroo3k “, a consultancy firm specializing in economic advisory and market research, values keeping its clients informed about key industry trends, it presents here some relevant data. These insights serve as a valuable guide for those interested in investing in this vital sector.

In Saudi Arabia, the total area planted with fruits, grains, vegetables (protected, unprotected) and fodder was estimated at 771,920.2 hectares and the total production of this large area was 10,846,595.4 tons.
The area planted with fruits was estimated at about 207,369.8 hectares, and the production of this area reached 2,342,150.2 tons.
The area planted with grains such as wheat, barley, and others expanded to reach 262,622.9 hectares, and the production of this area reached 1,254,966.6 tons.
The area planted with open vegetables was estimated at 88,644.2 hectares, and the production of this area amounted to 2,111,028.5 tons.
The area planted with fodder such as clover, blueberries, etc. amounted to about 207,387.9 hectares, and production exceeded 4,556,663.5 tons.
The total production capacity of wheat flour in the Kingdom is 15,150 tons/day. It is worth noting that the total operational capacity of wheat silos in the milling companies in the Kingdom is 745 (in thousand metric tons).
The total production capacity of feed in the Kingdom reaches 3,200 tons/day.
Total flour quantities manufactured: 2,650,111 tons in 2020.
Total quantity of manufactured feed 555,858 tons in 2020.

“Mashroo3k ” believes that investing in the cultivation of onions, pomegranates, bananas, and citrus fruits will be highly profitable in Saudi Arabia.
“Mashroo3k ” emphasizes the importance of organic farming as an unmissable opportunity in Saudi Arabia. Here are some key indicators:
The area allocated for organic agriculture in the Kingdom expanded from 13,078 hectares (in 2016) to reach 26,632.49 hectares in 2020. The production of this type of agriculture also grew to exceed 98,558.81 tons in 2020, after production did not exceed 56,261 tons in 2016.
In 2019, the area planted with protected vegetables reached 2,320 hectares and production was estimated at 174,207 tons. However, things were different in 2020, as this area expanded to 5,895 hectares and production also increased to 584,080 tons (organic agriculture).
Table egg production in organic farming projects increased from 7,000 eggs (in 2017) to 454,000 eggs in 2020.
In organic farming projects, honey production reached 22,700 kg, with 6,003 beehives.
The production of milk and its derivatives in organic farming projects amounted to 390 tons.
The value of loans provided by the Agricultural Development Fund increased to reach 1,779,558,000 riyals in 2020 alone, while the value of loans in 2016 did not exceed 455,487,000 riyals.