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Abstract

Proponents of mega-projects have hoards of cash to splash around, and all kinds of studies are commissioned in their efforts to obtain the much-desired permit. However, one study which proponents would gladly do without is that on a project's economic feasibility one, which should dispel any doubts regarding the need for the project and its long-term viability. As for the recent golf course craze, the Qala Creek proposals do not seem to be backed by any audit feasibility studies - what if the developers jump onto the bandwagon once the project is given the go-ahead and develop the area entirely into luxury apartments, citing economic failure, as has happened with the San Lawrenz Hotel, Chambray, L-Imgarr Hotel, etc? The proponents of the project should prove me wrong and publish the results of such studies, for public scrutiny.