Cost Benefit Analysis on the Construction of a Community Centre in Berekuso.
Section One
INTRODUCTION
The millennium Development agenda of the economy’s policymakers includes the attainment of a middle income status. One of the significant characteristics of this state of an economy is the planned nature of the physical structures in the economy. Planned infrastructure in itself enhances growth of the economy in terms of productivity of labour and also places the economy on the pedestal for growth to a developed state. The strategic location and management of space with respect to the structures (physical) in the economy when planned will lead to workers- for instance, being able to put in more labour-hours of work. The effects are very easy to observe in the services sector where lateness of personnel like a health specialist do sometimes result in the death of people who would also have added to output in the economy through the various productive activities. This is because routes to work especially in developing countries- because of the associated congestion, consume almost twenty percent (20%) of labour- hours on average and this in turn affects productivity and output of the economy. Even after production has taken place, the task of distribution is also affected greatly by the planning of a township. Distribution costs, which include cost of fuel, rises because of things like traffic jams that make vehicles spend more time than they should in getting to their destination which translates to an increase in the price of the product ( for a normal good case ). If businesses (factories, warehouses, shops, retail joints, food vendors and service providers like barbering shops, salons, etc.), company buildings, health facilities (clinics and hospitals), entertainment avenues and residences are well located within a town such that they do not interfere or are not interfered with by other activities negatively, it will go a long way to engineer growth in the economy.
Slums have sprung up in some of these towns and suburbs whose
INTRODUCTION
The millennium Development agenda of the economy’s policymakers includes the attainment of a middle income status. One of the significant characteristics of this state of an economy is the planned nature of the physical structures in the economy. Planned infrastructure in itself enhances growth of the economy in terms of productivity of labour and also places the economy on the pedestal for growth to a developed state. The strategic location and management of space with respect to the structures (physical) in the economy when planned will lead to workers- for instance, being able to put in more labour-hours of work. The effects are very easy to observe in the services sector where lateness of personnel like a health specialist do sometimes result in the death of people who would also have added to output in the economy through the various productive activities. This is because routes to work especially in developing countries- because of the associated congestion, consume almost twenty percent (20%) of labour- hours on average and this in turn affects productivity and output of the economy. Even after production has taken place, the task of distribution is also affected greatly by the planning of a township. Distribution costs, which include cost of fuel, rises because of things like traffic jams that make vehicles spend more time than they should in getting to their destination which translates to an increase in the price of the product ( for a normal good case ). If businesses (factories, warehouses, shops, retail joints, food vendors and service providers like barbering shops, salons, etc.), company buildings, health facilities (clinics and hospitals), entertainment avenues and residences are well located within a town such that they do not interfere or are not interfered with by other activities negatively, it will go a long way to engineer growth in the economy.
Slums have sprung up in some of these towns and suburbs whose