The purpose of this chapter is to illustrate how a proposed investment in upgrading a gravel road to a tarred surface should be evaluated. The project is located in the Limpopo Province of South Africa. It involves upgrading of two existing, mainly gravel, roads into a tar surface road...

The scope of the analyses of public and private investment projects is expanded beyond the traditional criteria of financial and economic net present value. If the economic and financial analyses are carried out using a common numeraire, they can include issues of stakeholder impacts, poverty...

The province of Benguet is lacking in medical health services. The province has 165 public hospital beds, of which no more than 138 are in use, and 171 private hospital beds. While total number of beds is 336, the actual number in use is 309 beds. The inadequate number of beds coupled with the...

The problem of estimating the discount rate level is a crucial issue in investment project appraisal procedure. The discount rate is strongly determined by the type of investment that sets the scope of decision criteria. The need to apply financial efficiency, economic efficiency or justice...

The social analysis of a project may be organized in to two parts: estimating how the income changes caused by the project are distributed across the stakeholder of the project, and identifying the impact of the project on the principal objectives (basic needs) of society. Another aspect of the...

Since the start of the European Union Structural Funding Programs 2007-2013, especially those focused on financing investments proposed by private companies, a big change seems to be taken place. Large numbers of companies have applied for grants within these programs and especially for funding...

The Alegria Wastewater Treatment Plant (WWTP) is one of the largest wastewater treatment plants in Brazil. It is owned by the Companhia Estadual de Aguas e Esgotos, the state agency that manages and treats most of the sewage water in Rio. Sewage at the WWTP is treated through several different...

In Queensland, Australia, there is presently a high level of interest in long-rotation hardwood plantation investments for sawlog production, despite the consensus in Australian literature that such investments are not financially viable. Continuing genetics, silviculture and processing...