Manual for the preparation Industrial feasibility studies

As manifested in the Lima Declaration and plan of Action, it is ithe express inrention of the international community that the developing countries should attain by the year 2000 a 25 percent share iin the developing countries production. Among many other consideration, this endeavour is in my view closely dependent on the developing countries ability not ionly to negotiate successfully the new distribution of industrial capacities with Governments and industralised of the developed world but also and at least equally important to select investments commensurate with their development objectives and targets.
It is therefore imperative the development countries continue their efforts to improve tthe development strategies and policies which constitute the framework within which investments takes place. The selection of sound investment projects has to be undertaken in this context so as to ensure the optimum utilisation of scarce human and capital resources towards meeting social objectives and economic growth .