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An Integrated Investment Appraisal of a Water Projects in Zimbabwe

Author

Listed:
  • Shahryar Afra

    (Cambridge Resources International Inc.)

  • Mikhail Miklyaev

    (Department of Economics, Queens University, Kingston, Ontario, Canada, K7L3N6 and Cambridge Resources International Inc.)

Abstract

Public resources are finite and, as such, should be employed efficiently. There is an opportunity cost in the use of resources in one project over another. Hence, there is a need to ensure that resources are put to their best use, given that the same resources can be allocated to alternative uses. The Water Supply Projects Appraisal Manual (WSPAM) serves to scrutinize proposed water supply projects to ensure that public expenditure in the development of water supply infrastructure in Zimbabwe leads to the achievement of development objectives and socio-economic growth. The WSPAM provides guidance on the methodology and best practices employed in the development and appraisal of water supply projects.

Suggested Citation

  • Shahryar Afra & Mikhail Miklyaev, 2022. "An Integrated Investment Appraisal of a Water Projects in Zimbabwe," Development Discussion Papers 2022-12, JDI Executive Programs.
    • Handle: RePEc:qed:dpaper:4590
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    More about this item

    Keywords

    Cost Benefit Analysis; Water; Public Investment; Zimbabwe;
    All these keywords.

    JEL classification:

    • D61 - Microeconomics - - Welfare Economics - - - Allocative Efficiency; Cost-Benefit Analysis
    • I38 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty - - - Government Programs; Provision and Effects of Welfare Programs
    • L95 - Industrial Organization - - Industry Studies: Transportation and Utilities - - - Gas Utilities; Pipelines; Water Utilities
    • O55 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Africa
    • Q25 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Water

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