Feasibility Study

Purpose of the Feasibility Study

Plant construction involves huge capital investment and is a critical issue to be decided, as it can govern the future business operation of your company. As such, it is indispensable to study the technical and economic viability of the project prior to the final decision of investment.
TOYO has a department dedicated to consultation regarding feasibility studies, who will assess the technical and economic viability of your project.

General feasibility study terms of reference

Followings are our general feasibility study terms of references. Additional terms would be added as per your requirement.

  • Market survey

  • Site location

  • Technologies

  • Infrastructures

  • Environmental conservation

  • Project Scope of work

  • Short Specifications of Equipment

  • Project Schedule

  • Project implementation organization

  • Production plans

  • Necessary funds and financing

  • Financial assessment

  • Economical efficiency assessment

  • Recommendations

Feasibility study record

TOYO has conducted about 200 feasibility studies to date. The industries involved are diverse including oil refining, petrochemical, fertilizer, chemical, power generation, alternative clean energy and bio-energy.

Features of feasibility studies


Feasibility study meeting for oil refinery in Cambodia (at Cambodia Petroleum Authority, Phnom Penh)

The features of the feasibility studies conducted by TOYO are as follows: As a plant engineering company, we utilize actual plant construction data; we have extensive know-how related to the region; we are capable of highly precise EPC cost estimation; we can make financial arrangements; we conduct studies in a flexible way to incorporate the objectives of the client; we have a wide range of feasibility study cases of a similar nature.

We conduct also short-term quick feasibility studies that last for several months to large-scale studies that require several years to complete, up to your needs.
TOYO is adept at handling the public support systems for feasibility studies established by the Ministry of Economy, Trade and Industry, Japan Bank for International Cooperation (JBIC), Japan External Trade Organization (JETRO), New Energy and Industrial Technology Development Organization (NEDO) and other organizations, so we can support you in a variety of ways to suit your needs.

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