Feasibility Analysis of Boat Lift Net Fisheries Assisted by UFL+ Technology Using the SIDIA Digital Agribusiness System | ||
| Egyptian Journal of Aquatic Biology and Fisheries | ||
| Volume 29, Issue 5, September and October 2025, Pages 743-757 PDF (572.25 K) | ||
| Document Type: Original Article | ||
| DOI: 10.21608/ejabf.2025.421656.6535 | ||
| Author | ||
| Fajriah et al. | ||
| Abstract | ||
| Small-scale fisheries are vital for coastal livelihoods but often face challenges in accessing structured financial assessments for investment decisions. This study evaluated the economic feasibility of boat lift net fisheries using Underwater Fish Lamp Plus (UFL+) technology, with investment analysis conducted through the SIDIA digital agribusiness platform. The results indicated positive financial performance, with a Net Present Value (NPV) of IDR 8.54 million, an Internal Rate of Return (IRR) of 11.14%, a Net Benefit–Cost Ratio (Net B/C) of 1.28, and a Payback Period of 4.93 years. Sensitivity analysis revealed that profitability was highly vulnerable to fish price declines (–10%) and fuel cost increases (+15%), which could shift the investment into unfeasible territory. These findings highlight that while UFL+ technology can enhance catch efficiency and profitability, supportive policies such as cost stabilization and fuel subsidies are essential to safeguard fisher livelihoods. The integration of UFL+ with SIDIA provides a replicable model for strengthening decision-making in coastal fisheries, contributing directly to the Sustainable Development Goals (SDG 14: Life Below Water, SDG 1: No Poverty, and SDG 8: Decent Work and Economic Growth). | ||
| Keywords | ||
| Small-scale fisheries; UFL+ technology; SIDIA; Economic feasibility; Boat lift net; Sensitivity analysis; Coastal investment | ||
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