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Oil Palm Production Investment

Posted: Mon Aug 04, 2014 1:56 am
by Jhon Kumar
Processing of oil palm is a viable investment because raw materials can be sourced at ease, the production technology is simple and feasible, and the market for end-products are automatic. Establishment of the plant will have a direct impact on the development of the rural sector. This can be argued on the premise that farm products, that is, fresh fruit bunches will be in high demand. At lot of investors are now establishing oil palm plantation because there is automatic market for palm products.

The palm oil production plant has capacity of 3 tons per day, profit margin of N12,000 per ton of fresh fruit bunches. This gives an annual profit of N9 million from palm oil production.