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ECONOMIC IMPACT ASSESSMENT

Focus

Urban-Econ is regarded as a leader in the market with respect to providing economic and socio-economic impact assessment consulting services due to the following:
  • The firm has applied, added value and customised regional economic impact models and tools to ensure the various levels of development circumstances and market conditions can be isolated from the aggregated economic structure.
  • The firm has been involved in impact assessments for many of the most prominent and strategic development projects and initiatives in the country such as the Gautrain, the World Summit on Sustainable Development, Broadcasting Services and the Waste Water Discharge Charge System.
  • The firm is known for its ability and skills in contextualising the quantified impact measures in the developmental milieu, thus taking cognisance of the functioning of the economy as an integral part of a broader system.
  • The firm applies internationally accepted impact analysis techniques and tools such as multiplier analyses, but has added value to these to ensure the unique development situation of the Southern African economy and communities can be accounted for.

Purpose of impact analyses

Economic and socio-economic impact assessments are mainly undertaken to serve the following purposes:
  • As an objective motivation and rationale for decision making regarding potential investment and development options, policy implementation as well as maximising community and environmental benefits (or the reverse)
  • As specialist study for Environmental Impact Assessments usually in accordance with regulatory legislation required for the developments and application of development rights

Results of impact analyses

Economic impact assessments predict the economic effects upon a regional, provincial or national economy of a new business location, a new project venture occurring in the regional economy or a change in government policy. These impacts refer to the effects on the level of economic activity in a given area, as result of some form of external intervention in the economy.

The impact analysis can simulate and quantify economic impacts as sustainable or temporary jobs created or lost, changes in personal income, business production, sales, and tax collections.


Recently Completed Projects

The economic and socio-economic impacts of major investment and infrastructure projects such as mixed-use developments, airports, casino developments, mining investments, etc. can be determined. Economic modelling techniques, such as the multiplier analysis, are usually applied in determining the impacts of projects and proposed investments. The results of the analysis are utilised substantially in motivating the project to all levels of government.
  • Impact of World Summit Parallel Events
  • Tourism Promotion and Development Planning (TPDP) Impact Assessment
  • Impact of Poverty relief projects
  • Gautrain
  • Iscor Steel
  • Kensington golf course
  • Mondi Site Disposal Options
  • South African Broadcasting Industry
  • National Waste Discharge Charge System
  • Stalinisation in the Middle Vaal River
  • Mutale and Nwanedzi River Basins Water Resource Investigation
  • Job Creation in the Construction Industry
  • Economic Value of Water
  • Internet Broadcasting
  • Culemborg Casino Complex
  • Nqutu Regional Water Supply
  • The Impact of HIV/AIDS on the demand for low-cost housing and policy implications thereof
  • Gauteng CMIP

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