What Is Economic Feasibility Analysis?

Economic feasibility study is also called "economic feasibility analysis". It is an important part of the project feasibility study, and it runs through the whole process of the feasibility study. Its fundamental task is to determine whether a construction project accepts and recommends the best investment solution from a national economic perspective, through comprehensive cost-benefit analysis, and through comparison of multiple plans, to provide a scientific basis for decision-makers to make investment decisions. ^[1]