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PRE-FEASIBILITY GRANITE QUARRY PROJECT 2010 3 SUMMARY 1.1 This feasibility study is conducted for establishment of Granite Quarrying Project. 1.2 The initial cost of the project is Rs 81,700,600/=, including initial working capital of Rs. 9,200,600/=. 1.3 The project break-even sales are Rs. 32,133,373 1.4 The internal rate of return is 49.7% per annum.

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The project is financially viable with an internal rate of return (IRR) of 18% and a net present value (NPV) of Birr 17.21 million, discounted at 10.5%. ... Granite is composed of minerals, yielding excessive resistance to abrasion, making it the material of choice. ... transportation cost a factory-gate price of Birr 325 per m 2 is recommended ...

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