Feasibility Investment Analysis of Sugarcane Planter Machine in Pradjekan Sugarcane Factory PT. Perkebunan Nusantara XI Indonesia

The increasing demand for sugar in Indonesia is not followed by the number of workers in the field of plantations resulting in the fact that sugar mills have difficulties in their operations. Therefore, this study aimed to analyze an investment feasibility of sugar cane planter machine in sugar cane factory in Bondowoso Indonesia namely Pradjekan Sugar cane Factory. Investment feasibility of sugar cane planter machine has done by using financial indicators such as Net Present Value (NPV), Discounted Payback Period (DPP), Profitability Index (PI) and Internal Rate Return (IRR). The analysis used data from Assembagoes Sugar cane Factory, which has used sugar cane planter machine in their planting activities. The results showed that sugarcane planter machine worth to be invested in the Pradjekan Sugarcane Factory.