Economic production of selected ornamental plants: multispecies and Arundina orchid

Mohd Tarmizi Haimid, . and Hanim Ahmad, . and Muhamad Syafiq Ahmad Dani, . and Mohd Zaffrie Mat Amin, . and Nik Rozana Nik Masdek, . Economic production of selected ornamental plants: multispecies and Arundina orchid. pp. 61-68. ISSN 1823-8149

Floriculture planting in Malaysia experienced a new revolution when the floriculture industry listed it as a high-value crop that can benefit the national economy in the 10th Malaysia Plan (10MP). Thus the horticulture centre in MARDI took the initiative to introduce a few new plants called Multispecies that were suitable for landscape planting and bloomed throughout the season like Arundina Orchid (lasting in hot weather) compared to ornamental plants. Costing data was collected at pre-commercial plots at Kuala Lumpur and Rawang to analyse the production cost and financial analysis. In addition several interviews were conducted with staff who handled the commercialisation and technology generators to find out issues relating to commercialisation of MARDI-produced crops at the domestic level. Financial analysis showed that multispecies and Arundina orchid were viable with IIR values of 59 and 98 respectively and a payback period of 1.66 years for multispecies and 2.02 years for Arundina orchid. Among the commercialisation problems identified as barriers to MARDIs horticulture products included unpopularity of varieties in the local market production issues associated with infrastructure and high production costs as well as marketing and crop copyright issues. In general multispecies and Arundina orchid plants are viable and suitable as landscape plants and have the potential to be commercialised.

Full text available from: Official URL: http://etmr.mardi.gov.my/Content/ETMR%20Vol.15(202...

Abstract

Floriculture planting in Malaysia experienced a new revolution when the floriculture industry listed it as a high-value crop that can benefit the national economy in the 10th Malaysia Plan (10MP). Thus the horticulture centre in MARDI took the initiative to introduce a few new plants called Multispecies that were suitable for landscape planting and bloomed throughout the season like Arundina Orchid (lasting in hot weather) compared to ornamental plants. Costing data was collected at pre-commercial plots at Kuala Lumpur and Rawang to analyse the production cost and financial analysis. In addition several interviews were conducted with staff who handled the commercialisation and technology generators to find out issues relating to commercialisation of MARDI-produced crops at the domestic level. Financial analysis showed that multispecies and Arundina orchid were viable with IIR values of 59 and 98 respectively and a payback period of 1.66 years for multispecies and 2.02 years for Arundina orchid. Among the commercialisation problems identified as barriers to MARDIs horticulture products included unpopularity of varieties in the local market production issues associated with infrastructure and high production costs as well as marketing and crop copyright issues. In general multispecies and Arundina orchid plants are viable and suitable as landscape plants and have the potential to be commercialised.

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Item Type:	Article
AGROVOC Term:	Cost analysis
AGROVOC Term:	Commercialization
AGROVOC Term:	Income
AGROVOC Term:	Crop production
AGROVOC Term:	Production economics
AGROVOC Term:	Ornamental plants
AGROVOC Term:	Floriculture
AGROVOC Term:	Arundina
AGROVOC Term:	Landscape plants
AGROVOC Term:	Production costs
Depositing User:	Mr. AFANDI ABDUL MALEK
Last Modified:	24 Apr 2025 00:55
URI:	http://webagris.upm.edu.my/id/eprint/9568

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