Question
Assume that the Government of Fiji plans to establish a new industrial park on the outskirts of the town of Labasa in Fiji. The industrial
Assume that the Government of Fiji plans to establish a new industrial park on the outskirts of the town of Labasa in Fiji. The industrial park will be constructed on 10 hectares of suitable land. Factories will be constructed by the Government for leasing to 20 export oriented manufacturing enterprises. Discuss how to undertake a feasibility analysis of the proposed $30 million industrial park project. What industries should be targeted for establishment in this new industrial park? What other alternative locations for the park in the Norther Division should be investigated and evaluated? What services should the park provide to the tenants? Should tax incentives be provided to the enterprises that locate in the industrial park? Discuss the main economic risks associated with this project. What measures should be built into this project to ensure it is sustainable?
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