The Identity of Investment | ||
Subject of the Project | Lavender cultivation and lavender oil production | |
Information about the Product/Service |
Lavender and essential oil of lavender |
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Investment Location (ProvinceDistrict) | Çanakkale | |
Technical Capacity of the Facility |
At the end of the 3rd year of investment, it is envisaged that fully processed crop would yield 500 kg lavender per decare, which could produce on average 10 kg of lavender oil. Therefore it is foreseen that 500 kg of lavender oil could be produced from 50 decare of cultivation area |
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Fixed Investment Cost |
599.500 TL (20 years land renting cost is not included) 82.123 USD |
|
Investment Period | Investment period is envisaged as 3 years since production yield results in profit at the 3rd year of investment | |
Economic Capacity Utilization Rate of the Sector | ||
Employment Capacity |
Seasonal agricultural workers (4 workers for a period of 3 months per year) One senior expert who will provide consultancy services for 6 months per year (throughout first 5 years of investment) |
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Payback Period of Investment |
6 th year of investment |
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NACE Code of the Product/Service (Rev.3) |
01.28.01-Growing of spices, aromatic, drug and pharmaceutical crops |
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Harmonized Code (HS) of the Product/Service |
3301.29.79.00.00 Essential oils of lavender or of lavandin |
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Target Country of Investment |
United States of America, Japan, United Kingdom, Switzerland, Germany, France, Netherlands, Bulgaria |
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Impact of the Investment on Sustainable Development Goals (UNDP) | Direct Effect | Indirect Effect |
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Goal 3: Good Health and Well Being |
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Other Related Issues | 1 USD considered as 7,30 TL |