Proceedings of the 11th International Applied Business and Engineering Conference, ABEC 2023, September 21st, 2023, Bengkalis, Riau, Indonesia

Research Article

Feasibility Study of Cassava Plantation and Tapioca Flour Industry in Bengkalis Regency

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  • @INPROCEEDINGS{10.4108/eai.21-9-2023.2342971,
        author={Marhadi  Sastra and Muhammad Fadil Junery and Khairi  Fahrizal and Anugrah  Ilahi},
        title={Feasibility Study of Cassava Plantation and Tapioca Flour Industry in Bengkalis Regency},
        proceedings={Proceedings of the 11th International Applied Business and Engineering Conference, ABEC 2023, September 21st, 2023, Bengkalis, Riau, Indonesia},
        publisher={EAI},
        proceedings_a={ABEC},
        year={2024},
        month={2},
        keywords={cassava plantation economic feasibility study tapioca flour industry},
        doi={10.4108/eai.21-9-2023.2342971}
    }
    
  • Marhadi Sastra
    Muhammad Fadil Junery
    Khairi Fahrizal
    Anugrah Ilahi
    Year: 2024
    Feasibility Study of Cassava Plantation and Tapioca Flour Industry in Bengkalis Regency
    ABEC
    EAI
    DOI: 10.4108/eai.21-9-2023.2342971
Marhadi Sastra1,*, Muhammad Fadil Junery2, Khairi Fahrizal3, Anugrah Ilahi4
  • 1: Politeknik Negeri Bengkalis
  • 2: STIE Syariah Bengkalis
  • 3: Bagian Perekonomian Setda Bengkalis
  • 4: United Arab Emirates University
*Contact email: marhadi@polbeng.ac.id

Abstract

This research aims to conduct a economic feasibility study on cassava plantation and tapioca flour industry in Bengkalis Regency. The study was conducted to evaluate the economic, technical, environmental, and social potential of developing these agricultural sectors in the region. In this study, we applied a comprehensive methodology, including field surveys, secondary data analysis, interviews with farmers, and literature review. Key aspects assessed include production cost estimation, revenue projection, market analysis, risk analysis, and environmental impact of cassava plantation and tapioca flour production. The study results show that the potential of cassava plantations in Bengkalis Regency is promising, with a positive NPV value, a payback period of 1 year and 6 months, a profit index of 6.72, an IRR of 37.76%, and a GIM value of 2.09. Economic projections indicate favorable investment opportunities in the tapioca starch industry, with consistent market demand and export potential.