FEASIBILITY ANALYSIS OF MELON AGRIBUSINESS GREENHOUSE SYSTEM

Abstract

Blitar Regency also experienced a decrease in melon production by 23.1 thousand quintals in 2021 and 11.2 thousand quintals in 2022. One of the right solutions is using technology in the cultivation process. The technology that is widely used is climate modification through greenhouses. This research aims to determine the feasibility of cultivating melons in a greenhouse using the polybag planting method based on investment criteria. The research was conducted in Wates District, Blitar Regency, East Java Province. Data collection was carried out through direct interviews with melon farmers. The assessment criteria include Net Present Value (NPV), Net B/C Ratio, Gross B/C Ratio, and Internal Rate of Return (IRR). Blitar Regency is considered feasible based on an NPV of Rp. 5.8 million, Gross B/C Ratio 1.09, Net B/C Ratio 1.08, and IRR 13%. The results of this study can be conveyed to investors that melon farming can be profitable for investors with a greenhouse system.