Feasibility Study, Cost-Benefit Modelling, Tourism Economics
Limestone Analytics, in partnership with Integra under the LEAP III contract, provided USAID’s Middle East Bureau and USAID/Egypt with a pre-feasibility analysis of possible investments in cultural tourism assets found around historic Cairo. Proposed investments would support the adaptive re-use of historically valuable sites, monuments or neighbourhoods.
The study included economic and financial cost-benefit analysis (CBA) to determine: 1) whether alternative investment activities were likely to yield positive net economic and financial benefits, and 2) how economic and financial benefits and costs were likely to be distributed across particular stakeholders such as government, private investors, and small business owners.
Limestone staff travelled to Cairo in June and July of 2019 to meet with stakeholders and explore the proposed investment sites. The team created a series of comparable cost-benefit models that were used as the foundation for the pre-feasibility study.
Photo taken by Limestone Associate Jay Mackinnon during a field visit in June 2019.
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