Economic Impact

Calculating the economic impact of an activity has become a critical component of decision making and communication. Whether it be construction and operation of a transport link, port infrastructure, or an event, appropriate economic impact analysis (EIA) can inform decision makers and the community of the immediate and enduring economic benefits of an activity.

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EIA is also an important element of cost benefit analysis (CBA) which considerers the broarder positive and negative impacts on stakeholder groups and the environment.

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CTP is well practiced in under taking EIAs and CBAs for a wide variety of projects including cruise tourism.