Abstract

GARCIA CUEVAS, Xavier; RODRIGUEZ SANTIAGO, Bartolo  and  ISLAS GUTIERREZ, Juan. Financial assessment of mahogany forest plantations in Quintana Roo state. Rev. mex. de cienc. forestales [online]. 2011, vol.2, n.7, pp.7-26. ISSN 2007-1132.

Forest plantations operations in Mexico have not produced results according to the efforts and resources invested in them. The main problem is that they have not received the necessary follow-up as the success of the existing programs should be measured by the per cent of survival in the field, as well as its growth and wood yield and not by the number of plants produced in the nursery. In addition, to make a profitable business out of forest plantations support must be provided to producers, in which the Federal Government and the national banks should be involved. In this context, this work was carried out with information from the Centre and South of Quintana Roo State, in the municipalities of José María Morelos, Felipe Carrillo Puerto and Othon Pompeyo Blanco. Financial information is presented (benefits, cost /ha^-1) and financial indicators obtained for commercial forest plantations), being among the most important: VPN = 162,344.2, TIR = 13.37 and B/C = 4.10, which will be used to support producers and funders to make decisions. Finally, the financial indicators and the sensitivity on the profitability of forest plantations are analyzed and discussed. These results indicate that plantations can be an attractive business in Quintana Roo, México.

Keywords : Financial analysis; mahogany; commercial forest; forest producers; profitability; sensitivity.