Potential Development of Cavendish Banana as a New Leading Commodity in South Sulawesi
Journal Title: Journal of Economics, Finance and Management Studies - Year 2025, Vol 8, Issue 01
Abstract
South Sulawesi Province has great potential in developing superior horticultural commodities, especially the Cavendish banana (Musa acuminata). This study aims to analyze the potential and opportunities for the development of Cavendish banana farming as a new superior commodity in South Sulawesi and assess its economic feasibility. With the large amount of fertile land that has not been optimized, the Cavendish banana can be a significant source of income for local communities while supporting the improvement of regional competitiveness. The analysis results show that Cavendish banana farming provides promising financial returns with productivity reaching 80,000 kg per hectare per year and an average selling price of IDR 4,500 per kilogram. Based on the financial feasibility analysis, the NPV value of IDR 499.48 million, IRR of 211.82%, and payback period of 0.5 years were obtained. In addition, the Cavendish banana also has the potential for product diversification and environmental benefits that support sustainability. This study recommends optimal resource management and collaboration between the government, private sector, and farmers to maximize the potential of this commodity as a regional economic driver.
Authors and Affiliations
Bahrul ulum Ilham , Sri Primalyanti Awaluddin,
Keywords
Related Articles
- EP ID EP754274
- DOI 10.47191/jefms/v8-i1-04
- Views 8
- Downloads 0
Improving Post-Pandemic Welfare through Utilization of Several Variables in Management
The HDI concept views that the achievement of development goals is more focused on improving the welfare of the community, that is, humans are the focus of development goals (human centered development). Development succ...
Examining the Interplay between Employment Capability Development, Organization Culture, and Organizational it Adaptability in Shaping Organizational Commitment and Performance in the Gambia National Water And Electricity Company (NAWEC)
The purpose of this research is to examine the interplay between employment capability development, organizational culture, and organizational IT adaptability in shaping organizational commitment and performance in the G...
The Extent of Basel Accord implementation on Islamic Banks in Palestine the case of Palestine Islamic Bank
The primary goal of this study is to examine how the Basel II agreement is being implemented in Islamic banks in Palestine (a case study of Palestine Islamic Bank). To attain the purpose of the research, a descriptive-an...
The Effect of Warning Letter, Forced Letter and Order for Implementing Confiscation on the Settlement of Tax Arrears at the Kendari Pratama Tax Service Office
This study aims to determine the effect of warning letters, forced letters and warrants to carry out confiscation on payment of tax arrears at the Kendari Pratama Tax Service Office. Methods of data collection using a qu...
The Impact of Implementation of the 2013 Curriculum Transition to the Independent Learning Curriculum on Learning Interests of SMA Negeri 9 Students in South Tangerang
This study aims to find out how the impact of the 2013 curriculum transition to the independent learning curriculum has on students' learning interests. This study used a qualitative approach with a descriptive research...