Chicken is one of the popular meat products in whole world. IFPRI (International Food Policy Research Institute) predict that meat consumption in South East Asia will increase in about 26.5 kg/capita in 2020, and chicken meat contributed 21% from that portion, the most popular product is pork meat. In Indonesia, chicken meat consumption considered very low compared to population number, meat consumption in developing country reached 30kg/capita, still considered very low compared to developed countries which reached 80kg/capita. Meanwhile standard meat consumption in Indonesia is about 11-14kg/capita and the realization only achieve 4-8kg/capita. Therefore, and also by look at economic growth which only reach 3-5%/year, it predicted that meat consumption will increased by year, thus plan to manufacture chicken farm is considered a big opportunity. Seeing this opportunity, PT Cibadak Indah Sari Farm intend to expand their business by establish new chicken breeder farm to smoothing the supply of DOC to their broiler farm so integrating their line of production and also to gave better services for the customer in Java and Sumatera area. Methods used to calculate this investment analysis for this thesis is Payback Period and Net Present Value. Using those methods, the result is this project is profitable if the cost is self-financing and not profitable if doing it with 50% loan, because interest payment and loan payment is very high in the first year making this project NPV to minus. This investment also have high sensitivity where the change of 1% in sales price could impact net cash flow differences for 20%. |