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The “Economic Appraisals and Zero Reports” Department deals with two main types of reports:
The first is an initial report which examines the economic feasibility of the project and upon which the decision whether or not to implement the project is predicated (Go/No-Go report).
The second report is a full zero report that includes, inter alia, an analysis of the construction rights in the project and an estimate of its construction costs and anticipated revenues.
In addition, the Department prepares opinions pursuant to Standard 21 regarding an economic appraisal examination for vacate and build schemes.
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