Multiobjective models for selection of priority areas and industrial projects for investment promotion

The complex task of formulating investment promotion plans and programmes can be decomposed into a two-phase problem. First, the decision-makers need to identify priority areas for investment promotion, then these identified areas can form part of the basis for the selection, from a set of feasible...

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Bibliographic Details
Published in:Engineering costs and production economics 1986-06, Vol.10 (2), p.173-184
Main Authors: Jose, Virginia D., Tabucanon, M.T.
Format: Article
Language:English
Subjects:
Applied sciences
Exact sciences and technology
Operational research and scientific management
Operational research. Management science
Planning. Forecasting
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Summary:The complex task of formulating investment promotion plans and programmes can be decomposed into a two-phase problem. First, the decision-makers need to identify priority areas for investment promotion, then these identified areas can form part of the basis for the selection, from a set of feasible candidate projects, of the subset of projects best able to achieve stipulated targets over the plan period. This paper outlines the development of a generalized GP model formulation of the investment promotion priority areas identification problem and of the investment promotion project selection problem, and demonstrates their application in the promotional activities of a government with regard to the pulp-and-paper industry of a country.
ISSN:0167-188X
1878-4011
DOI:10.1016/0167-188X(86)90011-X