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Better Policy-Making

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Better Policy-Making

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These studies are all interconnected. For the market and financial studies, the promoter may appoint economic advisers because a major problem to be resolved is how large should the project be (in terms of output or capacity) and whether it would be economic to phase the construction in stages. The feasibility studies will need to investigate different options for provid- ing the output, to ascertain how practicable it is to adopt phased construction, and what difference this would cause to capital outlays and their timing. Legal advice will be necessary to obtain powers to purchase land, gain access, alter public rights of way, abstract water, discharge waste,...

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