Evaluation and feasibility

Abstract :

Introduction:

One of the main requirements in any feasibility study is to create a roadmap to estimate the project needs.

Evaluation and Feasibility of the Plant Phenomenon Technology Development Center:

Medicinal plants contain a wide range of active principles that have been used to treat various diseases by the majority of the world's population. In recent years, many advanced biotechnological methods have been used to select, propagate, improve and analyze medicinal plants for their use in traditional and modern pharmaceutical preparations and drug discovery. The aim of the present review is to focus on the application of biotechnological tools for the propagation and genetic enhancement of medicinal plants by adopting techniques such as laboratory reconstruction and genetic transformation and highlighting the selected approaches for drug discovery from medicinal plants.
The use of medicinal properties of plants is associated with the development of human civilization, science and industry. Numerous trips of researchers, the development of trade relations and travels, the exchange of plants between different countries contributed to the study and mastery of medicinal plants. A significant increase in interest in medicinal plants occurred during World War I, when people became convinced that synthetic chemicals were often harmful to health.

Feasibility study:

Gradually, attention to medicinal plants increased. Today, medicinal plants make a significant contribution to health care, provide livelihoods for certain segments of the population, and are among the most valuable non-woody plant resources. Today, many scientists point out that medicinal plants have great potential to contribute to economic growth and poverty reduction in developing countries - Seri Astotik, Jürgen Pertz and Jude Nedzifon Kimengsi (2019), Ybirzaf Yeshivas (2018). Medicinal plants are a valuable raw material for the production of medicines.
Thus, according to the International Union for Conservation of Nature and the World Wildlife Fund, there are currently between 50,000 and 80,000 species of medicinal plants in the world that are used for medicinal purposes. More than 80% of people and 90% of domestic animals in developing countries rely entirely on herbal medicines in primary health care, and in developed countries, more than 25% of medicines are obtained from wild medicinal plants.
Cultivation of medicinal and aromatic plants (urban mint) is one of the alternative economic crops in Syria due to the suitability of natural and environmental conditions for their cultivation, as the study was conducted on all farmers in Latakia Governorate. And their number reached 317 farmers with a cultivated area of 177 dunums in 2020.

Realistic goal:

The production of medicinal and aromatic plants (MAPs) from wild collection or through cultivation raises environmental, social and economic issues. The demand for a variety of wild species is increasing with the growth of human needs and trade. There is awareness that many wild plants are overexploited, which many experts recommend incorporating them into cropping systems, but several aspects that determine their viability must be considered. An alternative is small-scale cultivation.
A “Business Plan” or BP shows what a new business will do and what its ultimate goal is. In addition to showing the specific features of a business and how it will succeed, a business plan shows the opportunities available in the market to the company manager and project investors. Having a business plan does not necessarily mean the success of a business. But by writing a good business plan, you can plan for its success.

With experts in the medicinal plants and herbal medicines industry, the Plant Phenomenon Technology Development Center provides practical advice on preparing a real industrial feasibility plan.

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