Site Analysis is the first step in determining feasibility of a proposed site. Without a good site, an aquaculture project is unlikely to be successful as it will be competing against other farms that have superior sites. Water & soil analysis is a very important part of the site analysis process. An assessment of the existing infrastructure is also very important. This infrasztructure includes traditional components such as labor, energy and site access as well as non-traditional infrastructure such as feed availability, fry or larvae availability, processing plant options and much more. For in-depth coverage of the site analysis services we provide, please click here.
Species selection can also have a profound impact on success of a given project. The choice of the species or more than one (polyculture) to be cultured is not a decision to be made on personal preferences or anedotal information. The selection requires careful consideration of the market demands, the technical aspects of growing the species in question, the skill of management and the site constraints. Part of our job is to evaluate these factors and make recommendations on species selection for projects that show preliminary feasibility.
Our preliminary recommendations on production strategies and suitable farm design given unique topography of the site, environmental concerns, labor force and the species selected.
We will provide a brief review of the global and regional markets for the most suitable species and make preliminary market strategy recommendations based on project size and existing markets.
Integrating all the above information, a complete financial feasibility analysis can be prepared.
The above brief descriptions simply provide guidelines of what we typically like to cover in the first round of our involvement in a new project. Each project is unique and likewise have varying needs. This first round of work may serve as the basis for more in-depth investigation as required. In the second round of project development, we typically focus on in-depth analysis and recommendations regarding production, farm design, management, marketing and the refinement of the financial pro-formas. The completion of the second phase will bring the project to the point where a professional business plan can be formulated using all the research and reports developed to date.
As President of this Company, I can assure you that during all phases of investigation and project management, we remain completely independent in our judgments and recommendations. Our focus is on what is best for the client and the project. If we find that a project is not feasible based on the results of the preliminary feasibility study, we will be straightforward and report this to the client. After all, our reputation is on the line every time we undertake a new project. Our belief is that if we remain true to our best judgment, we will be able to maintain our excellent track record of successful projects.