Packing of dried aromatic plants and herbs

Opportunity Description: Packed - fennel, cumin, caraway, anise - local herbal plants are of high quality, adding value to abundant supply. Process requires cheap manual labor. Proximity to port of Safaga will open export opportunities once it is ready.
PRODUCT: Packed herbs
Sector: Sustainable Agriculture and Food Processing
Market: Local consumers, Export
Initial Investment Required: EGP 638,000
Details Available: Opportunity Study
Market Potential: Local demand for herbal drinks through supermarkets and pharmacies, and for export markets as dried herbs (bulk, teabags, etc.). It can later upgrade for export to international pharmaceuticals.
Supply: Packaging material, sieves set
Process: Sieving and packaging (material is already dried)
Human Resources: Technical and Business Development Manager – 1
Operations and Maintenance – 2
Manual Labor – 4-8
Financial: CAPEX required EGP 435,000
3-month OPEX required EGP 203,000
IRR expected is 62%
Payback period around 1.7 years
Risk: Risk - Scattered cultivated areas for different herbs and plants complicates collection process. Quality of harvest may not be up to standard, therefore - Mitigation - raising farmer awareness of added value in producing quality harvest is key for quality control of supply.
IMPACT: Environmental - Decrease waste in produce by providing longer shelf life product.
Social - Increase return on agriculture activities.