Feasibility assessment of a new investment in herbal plants in the Municipality of Souli

Feasibility assessment of a new investment in herbal plants in the Municipality of Souli

It seems that the soil and climatic conditions are suitable for the cultivation of aromatic and medicinal plants in the Municipality of Souli. This is irrefutably proven by the fact that a great variety of aromatic plants in the entire municipality are indigenous, creating native habitats of great ecological value that contribute to the enhancement of biodiversity and conservation of the rich natural heritage of the place.
The present paper, first, analyzes the current situation in the area of interest and then, based on the findings, three different crops of herbs are proposed, namely oregano, thyme and sage that could be developed on poor land in mountainous, hilly and lowland areas. Finally, a financial analysis is being conducted according to which the new crops appear to be particularly attractive investments and could yield an adequate income to the farmers. Yet, careful and organized movements are required to this direction, and on the basis of a realistic business plan.