SMALL-SCALE IODIZED SALT PRODUCTION PLANT BUSINESS OPPORTUNITY PROJECT SUMMARY
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SOPREX Foundation SOPREX/MIND-BIOS Bldg., MSU-IIT Campus A. Bonifacio Ave. Tibanga, Iligan City. 9200 (063) 223-8077 / FAX: (063)2238481
Partnerships in Local Enterprise Development and Governance Sustainability (PLEDGES) Program BUSINESS OPPORTUNITY PROJECT SUMMARY SMALL-SCALE IODIZED SALT PRODUCTION PLANT
PROJECT CONCEPT: This Project aims to contribute to the eradication of iodine deficiency disorders (IDDs) in the Philippines which remain a serious nutrition and health concern of the country. IDDs comprise a broad spectrum of deficiencies resulting from lack of iodine in the diet which leads to the reduction of intellectual and physical capacity affecting everyone who is iodine deficient and may manifest as goiter, mental retardation, physical and mental defects, and cretinism. The Project shall establish a small-scale salt-iodizing plant in a municipality or cluster of municipalities. It shall be a forward linkage of the prospective establishment of barangay seawater desalination plants in small island and remote coastal communities to produce their own requirements of potable water and salt, and in the case of the latter, the trading of their excess supply. The production plant shall adopt the UNICEF recommended technologies as effectively adapted in various places in the country, including local fabrication of salt iodizing machines based on a suitable model developed under the UNICEF’s global micronutrient initiative. Two of the various suitable models are shown in the diagrams below:
ROLLER DRUM SALT IODIZATION MACHINE. BATCH TYPE
SALT GRINDER WITH DRIP FEED ATTACHMENT
ANNUAL PRODUCTION/SALES: 300 MT/PhP 4.5 million ANNUAL OPERATING INCOME: PhP 1.073 million ESTIMATED TOTAL PROJECT COST: PhP 2.91 million RETURN ON INVESTMENT RATE/PAYBACK PERIOD: 36.9% p.a. /2.7 years FOR MORE INFO, PLEASE CONTACT: SOPREX Foundation MSU-IIT Campus, Tibanga, Iligan City 9200 Tel./Fax: (063)223-8481/223-8077 Cell Phones: 0918933172 (Maya); 09189420065 (Yesnoy)
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