Water purification, sacheting and bottling
Cost implication
Pre-Investments and Approvals: 500,000
Building : 3,500,000
Plant & Machinery : 7,000,000
Utilities (Borehole, generator
and vehicles. : 8,000,000
Take-off working capital
Capital : 3,500,000
Total Project Cost N22,500,000Investors can be packaged to access financing for this project.
OLUMAKINDE ONI
Importance of water to human beings needs not be overemphasised. It has been discovered that human beings can live without food for more than seven days, whereas, nobody can live for more than seven days without water. In this regards, well packed water in hygienic condition with the approval of appropriate authorities will be automatically consumed. One person will consume a minimum of one litre of water per day. In this regard, a minimum of 150 million litres of drinkable water is needed everyday in Nigeria. With the failure of government to provide drinkable water to the masses and with the change in dietary pattern of people, packaged water in sachets and bottles is bound to take sizeable portion of this market requirement. In this regard, the project is bound to enjoy limitless demand.
Water packaging is technically feasible and economically viable. Raw materials can easily be sourced, not only this, the project is highly viable.
The project is bound to solve unemployment problems. Being a kind of capital injection into the economy other multiplier effects are increased job and income opportunities to Nigerians.
Technical information
Project site is acquired and relevant building is constructed based on consultants recommendation and the housing requirement of the project. Project requirements are: Appropriate building, borehole, water treatment plant, water packaging machines, project vehicles, and packaging materials. Prospective investors can be assisted in the realisation of this project.
The procedures are feasibility study preparation, finance sourcing, building acquisition, borehole construction, installation of water treatment plant and packaging machines. On acquisition of infrastructure application is made to relevant authorities for the approval of the product.
Serious minded investors are advised to seek the services of consultants to package them for relevant approvals. Other steps are recruitment and training of appropriate personnel, purchase of packaging materials and commercial take off.
Profitability indicators
Annual Turnover: N91.5million
Annual profit after tax: N31.81 million
Pay back period: 1 year
% Return on Investment: 141.38%
This is no doubt a viable project in the present day Nigeria. Genuine investors can be assisted in the realisation of this dream.
Author’s contact: Tel: 08023058045, 08152596985, 080-33660177, E-mail: olumakindeoni@yahoo.com. nucleusventuresnigltd@yahoo.com