Economic analysis and work efficiency of a mountainous natural livestock park creation

This paper utilizes the results of a relevant analysis and evaluation research of the 243 stockfarms in 14,900 ha of rangelands in 5 municipal departments (Diasello, Achladochori, Grizano, Liopraso and Agrelia) of Trikala Prefecture and also the potential and preconditions for development of livestock production and management of rangelands in question. A specific integrated proposal of intervention and works was including infrastructure and vegetation improvement, sound rangeland management, gradual establishment of organic livestock production, information and education of the producers, generation of livestock farmer networks to produce themselves healthy and therefore organic supplementary fodder, and finally actions for creation of promotion networks and exhibition of organic livestock products in a framework of developing the mountainous natural livestock park. A budget of 10,950,000 euros is needed so that the net annual revenue reaches 2,513,412 euros or 372,4 €/ha, with 20 years depreciation of works and a real interest of 1% provided. The net present value is significantly positive, whereas the internal rate of return amounts to 38,7%. The very positive results of the economic analysis along with reasons of social make the financing and implementation of the mountainous natural livestock park imperative.