By Melchor M. Domingo

0915-11613190915-5389152

meldomingofingerlings@gmail.com

BackgroundOriginated from the Mekong River, VietnamBeing exported to Europe, US and other countries;Healthy and tasty fish;Omnivorous;Adapts well to any kind of feeds;Survives even in low dissolved oxygen;Grows better than bangus or tilapia;High potential for export;Globally accepted; …. And best of all …. Now available in the

Philippines!!

History of Pangasius farmingOriginated from Mekong River, in Vietnam;Being exported by Vietnam to the Europe, US

and other countries;Grow-out Operations:

o Traditional carreer since 1950’s –for domestic consumption based on experience;

Market / Export:2004: 300,000 MT2005: 400,000 MT2006: 800,000 MTSoon: 1M to 1.5 M MT (2010)

Market Status and PotentialCurrent Market (international and Local)Total Pangasius export of Vietnam in 2007:

1M MTThe Philippines currently imports about 30

vans monthly;Being served as fish fillet in high end

restaurants, fastfood chains and in food courts;

Local players are already initiating Pangasius projects (Grow-out, processing, etc.)

Potential for the Philippines

Philippines fish market is still limited to Bangus and Tilapia and minor species;

We have many under utilized natural bodies of water (lakes, marshes, etc.) and idle or abandoned fish ponds ;

Local market for Pangasius is rapidly growing mostly as fillet;

Government is actively promoting the culture of Pangasius for local consumption and for export;

The private sector is also active in promoting Pangasius.

Advanatges of Pangasius as an aquaculture specieFast growing (up to about 1Kg. In only 6

months of culture;FCR is only 1.5 (i.e. 1.5 Kg. of feeds to produce

1Kg. of fish;Can tolerate low dissolved oxygen (has air

breathing capability);Can be grown without using mechanical

aerators;Can be stocked at a higher density (in

Vietnam, it is being stocked at 30-40pcs/sq.m.);Can be fed with locally available materials

Vietnam ExperienceStocking Density and Yield:

Feeding and FCR:Home made/Fresh feeds: 2.8 – 3.0Pelleted /Dry feeds: 1.5 – 1.8

Culture Stocking Density Yield

Floating Cages 100-150 fish/m3 100-120 zKg./m3

Pond 60-80 fish/m2 250-300 MT/ha

Net-pen enclosure 80-120 fish/m2 300-350 MT/ha

Pond 1 Pond 2 Pond 3 Pond 4 Pond 5 Pond 6 Average

No. of Rearing Days

145 183 187 203 206 184 184.67

Pond Area (sq.m.)

6,000 6,960 8,658 5,104 5,000 5,500 6,203.67

Stocking size (grams)

102 60 80 19.2 40 50 58.53

Socking Density

33.59 33.15 26.85 40.36 50.0 36.36 36.72

Harvest Weight (grams)

930 1100 1106 1100 1010 922 1028

Total Harvest 165367

170539

203400

169696

220511

167000

182752

Survival Rate (%)

88.2 67.2 79.1 74.9 87.3 90.6 81.22

Biomass of dead Fish

2809 2443 4398 4704 2950 1103 3067.83

Feed Quantity 243405

272458

295975

271840

350740

245000

279903

FCR farmer 1.47 1.60 1.46 1.60 1.59 1.47 1.53

Technical FCR 1.65 1.71 1.56 1.59 1.64 1.55 1.62

Assumptions

Specie: PangasiusStocking Densisty/Size: 10 pcs/sq.m. (25 grams)Survival rate: 85%Target weight: 1 Kg/pcRearing period: 6 monthsFarm gate price: P75/Kg.Pond area: 5 x 2000 sq.m.Farm Rental: P100,000 / yearWork force: 4Construction of conditioning tank: Optional

Sales ScheduleRevenues per pondStocking x Survival Rate x Farm gate price20,000 x 85% x P75 P1,1275,000

Cost of sales-FingerlingsStockingxCost of fingerlings20,000 x P6 P120,000

Cost of sales-FeedsStocking x survival rate x FCR20,000 x 85% x 1.5=25,500Kg.

P688,980

Schedule of Expenses Supplies and MaterialsNet, thread, rope, hooks, etc.: P5,000Basins, pails, containers, etc.: P2,000Shovel, bolo, hoe, farm tools, etc.: P1,000Cooking and kitchen wares: P1,000TOTAL P6,000

Travelling ExpensesP200/day @ 30 days P6,000

Schedule of ExpensesGas and Oil40L/mo. @ P25/L for 6 mo.: P6,000Oil maintenance of pumps: P0,600TOTAL P6,600

Pond RentalSay 10,000/mo. P10,000

Light and PowerP1,500/mo x 6 mos. P9,000

Office Supplies P1,000

Schedule of ExpensesSalaries and wagesFarm Manager* (allowance only)

P5,000 x 6mos. P30,000Secretary

P6,000 x 6mos. P36,000Farm worker (150/day)

P4,500 x 6mos. P27,000Total P93,000

*Farm manager shares in net profit

ReturnsSales: P1,275,000 - 100%Less: Cost of Sales 809,000 - 64%Gross Income (per pond): 466,000 - 36%Less: Operating Expenses: 144,000 - 11%Net Income: 322,000 -25%

ROI: 33.7%Payback 2.9 grows

For more information please contact:Mr. Melchor M. Domingo

0915-11613190915-5389152

meldomingofingerlings@gmail.com