Service definition
What is Economic Feasibility Study?
Studying the marketing, technical, and financial aspects of the project, determining the project's success or failure, the adequacy of capital for the project's success, and answering the most important question: is this project worth investing in or not?
Main benefits
- Understanding the surrounding economic environment
- Measuring the project's contribution to GDP
- Determining the optimal launch timing
- Discovering government incentives and exemptions
- Identifying the most suitable investment opportunity
Use cases
- Projects requesting government support
- Infrastructure and energy projects
- Localization and export projects
- Special Economic Zone projects
- Planning the project before execution and reducing the probability of failure
- Building a strong case for investors and Funding Entities
Why it matters
Why you cannot ignore this stage
Added value
- • Identifying government support opportunities and incentives
- • Aligning the project with national priorities
- • Assessing the impact on jobs and the economy
- • Gaining the trust of regulatory bodies
Common mistakes
- • Overlooking economic and sectoral policies
- • Ignoring the business cycle and potential recession
- • Not accounting for exchange rate impact and inflation
Risks of neglect
- • Launching the project at the wrong economic time
- • Funding Entities rejection of the funding request
- • Revenue affected by unaccounted variables
Our methodology
How we work step by step
- 01
Studying the project idea
1 daysReviewing project files and determining the work mechanism.
- 02
Price quotation
1 daysClarifying project details and work duration.
- 03
Execution phase
10-30 daysWorking on the sent details and starting the study implementation.
- 04
Delivery phase
2-3 daysDelivering a draft of the feasibility study and holding a meeting to discuss the draft.
- 05
Post-delivery study follow-up
1 yearFollow-up after study delivery for a full year free of charge.
Scope and deliverables
What exactly will you receive?
Feasibility Study marketing and market analysis
- Studying demand volume and market indicators
- Competitor analysis
- Studying the economic gap and sector size
- Studying target segments
- SWOT analysis and PESTLE analysis
- Studying market share and marketing plan
Technical study
- Studying the project location
- Studying the technical requirements of the project
- Defining project goals and advantages
- Clarifying production lines and production capacity
- Identifying suppliers and the project's operational plan
- Determining the project timeline
Financial study
- Determining financial statements
- Clarifying financial indicators
- Identifying financial risks
- Determining capital and operational costs for the project
- Determining the funding repayment plan
Organizational management study
- Administrative and operational jobs for the project
- Defining job descriptions for employees
- Analyzing performance indicators and training and recruitment plans
Project risks, final report, and recommendations
- Project risk analysis
- Clarifying data sources
- Recommendations for project management
Sector expertise
Industries we serve
Agriculture sector
Mining sector
Industrial sector
Energy and utilities sector
Water, environment and waste management sector
Construction and building sector
Trade sector
Transport and logistics sector
Hospitality and restaurants sector
Communications and information technology sector
Financial and insurance sector
Real estate sector
Consulting and professional services sector
Administrative and support services sector
Government sector
Education sector
Health and social services sector
Entertainment, arts and sports sector
Other services sector
Productive families sector
Tourism sector
Sports sector
Track record
Metrics we are proud of
+500
Completed study
%92
Funding Entities approval rate
+11
Sector covered
+8
Years of experience
Before you begin
Questions clients ask
What is the difference between economic and financial feasibility?
An economic feasibility study examines all project resources from financial, technical, and marketing perspectives to determine the project's viability and expected risks. A financial study, however, is a part of the economic study and clarifies only the financial aspects of the project.
How long does this study take?
Usually from 10 to 30 days, and there are some urgent projects depending on the agreement and contract.
Is the feasibility study accredited?
Yes, the study is accredited according to the Funding Entities and is a realistic study based on economic and accounting standards.
Your next step
Ready for the next step?
Get a custom quotation within 24 hours.
Our team reviews your requirements and returns with a clear, transparent work plan.