| This report establishes that ACIAR Research Project AS2/1994/023, ‘Breeding and feeding pigs in Australia and Vietnam’ (supported by ACIAR from July 1995 to the end of 2000) has yielded an extraordinarily high rate of economic return on the funds invested. The collaborating agencies were the Department of Primary Industries, Queensland, James Cook University and The University of Queensland in Australia, and the Institute of Agricultural Sciences of South Vietnam in Vietnam. The best estimate benefit–cost ratio for investment in this project is at least 159:1 with a corresponding internal rate of return of 900% and a net present value of A$496 million. This is a total value, not an annual value. To give context to the number A$496 m, in 2000, 1.3 million... |
