{"created":"2020-03-08T15:32:18.033519+00:00","id":1191,"links":{},"metadata":{"_buckets":{"deposit":"cd1ca15e-c006-409c-84b6-1aaeaa2cd237"},"_deposit":{"id":"1191","owners":[],"pid":{"revision_id":0,"type":"recid","value":"1191"},"status":"published"},"_oai":{"id":"oai:meral.edu.mm:recid/1191","sets":["1582963436320:1582965701379"]},"communities":["yueco"],"control_number":"1191","item_1583103067471":{"attribute_name":"Title","attribute_value_mlt":[{"subitem_1551255647225":"INVESTMENT APPRAISAL AND DECISION IN LPG TERMINAL AND JETTY PROJECT","subitem_1551255648112":"en"}]},"item_1583103085720":{"attribute_name":"Description","attribute_value_mlt":[{"interim":"The focus of the study is on the Investment Appraisal and Capital Investment decision of LPG Terminal and Jetty of Elite Petrochemical Company Limited. In order to fulfil the objective of the study, descriptive research method is used to collect both primary and secondary data. The primary data are obtained through personal interview with top level management of the company and secondary data are collected from the feasibility study report of the project, MOGE website and some seminars on LPG market in Myanmar. It was noted that market feasibility study was conducted and then capital investment appraisal techniques were applied to identify the financial viability of the project. The initial cash outlay of the project was estimated as per the engineering design and bill of quantities. The financial performance and cash flow projections for 10 years period were extracted as per market feasibility study and budgeted cost and expenses. Three investment appraisal techniques such as Payback period, Net Present Value and Internal Rate of Return were applied to evaluate the viability of the project. It was witnessed that Payback period of the project is about 6 years, Net Present Value is positive at 14% discount rate over the net cash flow for the period of 10 years and Internal Rate of Return (IRR) is 15.17% at which rate discounted net cash flow for 10 years of the project is exactly the same as total initial cash outlay. The management of the Company therefore decided to proceed with the project. It was however observed that as per post completion audit of the project, actual initial cash outlay is greater than the initially estimated one by MMK- 1,599 million due to project delay and depreciation of local currency and the actual financial performance for the period of 8 months from April to November 2018 is also well below the projection as a result of rising price of LPG mixture in the world market and drastic depreciation of local currency against US Dollar, about 18% drop of local currency value throughout 2018."}]},"item_1583103108160":{"attribute_name":"Keywords"},"item_1583103120197":{"attribute_name":"Files","attribute_type":"file","attribute_value_mlt":[{"accessrole":"open_access","date":[{"dateType":"Available","dateValue":"2020-05-05"}],"displaytype":"preview","filename":"Win Than MBF.pdf","filesize":[{"value":"297 Kb"}],"format":"application/pdf","licensetype":"license_note","mimetype":"application/pdf","url":{"url":"https://meral.edu.mm/record/1191/files/Win Than MBF.pdf"},"version_id":"b4d602ef-2eae-4c1a-9797-a2f7eefdffd6"}]},"item_1583103131163":{"attribute_name":"Journal articles","attribute_value_mlt":[{"subitem_journal_title":"Yangon University of Economics"}]},"item_1583103147082":{"attribute_name":"Conference papaers","attribute_value_mlt":[{}]},"item_1583103211336":{"attribute_name":"Books/reports/chapters","attribute_value_mlt":[{}]},"item_1583103233624":{"attribute_name":"Thesis/dissertations","attribute_value_mlt":[{"subitem_supervisor(s)":[]}]},"item_1583105942107":{"attribute_name":"Authors","attribute_value_mlt":[{"subitem_authors":[{"subitem_authors_fullname":"WIN THAN"}]}]},"item_1583108359239":{"attribute_name":"Upload type","attribute_value_mlt":[{"interim":"Publication"}]},"item_1583108428133":{"attribute_name":"Publication type","attribute_value_mlt":[{"interim":"Thesis"}]},"item_1583159729339":{"attribute_name":"Publication date","attribute_value":"2018"},"item_1583159847033":{"attribute_name":"Identifier","attribute_value":"https://ecor.yueco.edu.mm/handle/123456789/174"},"item_title":"INVESTMENT APPRAISAL AND DECISION IN LPG TERMINAL AND JETTY PROJECT","item_type_id":"21","owner":"1","path":["1582965701379"],"publish_date":"2020-03-05","publish_status":"0","recid":"1191","relation_version_is_last":true,"title":["INVESTMENT APPRAISAL AND DECISION IN LPG TERMINAL AND JETTY PROJECT"],"weko_creator_id":"1","weko_shared_id":-1},"updated":"2022-03-24T23:13:55.540888+00:00"}