Standard Small Scale Concrete Block Production In Nigeria; The Feasibility Report

With an economic growth rate of 5.7% per annum in the past five {5}years ,Nigeria has witnessed a growth in the number of middle class families with the associated need to have a home of their own ,thereby further deepening the real estate market in Nigeria.

It is on record that over 60% of the entire population of the country lives on rented accommodation. This indicates another latent market in the real estate industry in Nigeria.

The increasing need to build new residential houses, factories and offices to accommodate Nigeria’s large population has made cement block molding a very lucrative business in the country.

This report seeks to confirm the financial viability or otherwise of establishing a concrete block production plant in Nigeria capable of producing various sizes of 6 inch and 9 inch blocks.

The plant is expected to produce two hundred and forty (240) pieces of nine (9) inch blocks and two hundred and forty (240) pieces of six (6) inch blocks in a day and the plant would operate for three hundred (300) days per annum.

The raw materials required for production would be locally sourced and they include crushed stone, sand, water, cement and though other materials like dust, coal fly ash and other industrial wastes can be used

Table of Contents

EXECUTIVE SUMMARY 1. Business Overview 1.1 Description of the Business 1.2 Vision and Mission Statement 1.3 Business Objective 1.4 Value Proposition 1.5 Critical Success Factor of the Business 1.6 Current Status of Business 1.7 Description of the Business Industry 1.8 Contribution to Local and National Economy 2. Marketing Plan 2.1 Description of product 2.2 Location 2.3 The Opportunity 2.4 Pricing Strategy 2.5 Target Market 2.6 Distribution and Delivery Strategy 2.7 Promotional Strategy 2.8 Competition 3. Technical Analysis 3.1 Description of the Location 3.2 Raw Materials 3.3 Production Technology / Equipment 3.4 Production Process 3.5 Production Cost 3.6 Stock Control Process 3.7 Pre-Operating activities and expenses 3.7.1 Operating Activities and Expenses 3.8 Project Implementation Schedule 4.0 Organizational and Management Plan 4.1 Ownership of the business 4.2 Profile of the promoters 4.3 Key Management Staff 4.3.1 Strategic Business Units 4.3.2    Management Support Units 4.4 Details of salary schedule 5. Financial Plan 5.1 Financial Assumption 5.2 Start up Capital Estimation 5.3 Source of Capital 5.4 Security of Loan 5.5 Loan Repayment Plan 5.6 Financial Projections 6.0 Business Risk and Mitigation Factor 6.1 Business Risks 6.2 SWOT Analysis.

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