Cost and Return of Investment in New Theory Farming Practices in Amphoe Mueang Nakhon Si Thammarat

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Pholdee Rajbhuchong

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          The objective of this research was to analyze the cost and return of investment in New Theory Farming by considering the financial value of the investment. Which are Net Present Value (NPV), Internal Rate of Return (IRR), and the Payback Period (PB) of the investment. This is a qualitative research by analyzing documents and interviewing 40 key informants, who were the representatives of each district in the research area. The research instrument was interview, and the quality of the instrument is checked according to guidelines. The research result indicated that the problems and obstacles of investing in New Theory Farming in Amphoe Mueang Nakhon Si Thammarat, when considered financial value by Net Present Value Method for the 3-year project, the net present value is positive. Which can be assumed that the 3-rai new theory farming investment is a worthwhile investment and should be invested because it will benefit more than investment money

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