2005•Construction Management ModernizationRequires access

Economic Evaluation and its Applications of the Highway Construction

Zhong Xia

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Abstract

Economic evaluation of the highway construction is the main content in the feasibility study. It intends to evaluate the rationality and feasibility of the project which will be constructed, and to provide bases to make investment decision and scheme selection. Taking example by the economic evaluation of a highway project in the north area, this paper introduces the current methods of the economic evaluation of the highway construction.

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What this paper is about

Economic evaluation of the highway construction is the main content in the feasibility study. It intends to evaluate the rationality and feasibility of the project which will be constructed, and to provide bases to make investment decision and scheme selection. Taking example by the economic evaluation of a highway project in the north area, this paper introduces the current methods of the economic evaluation of the highway construction.

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Available abstract

Economic evaluation of the highway construction is the main content in the feasibility study. It intends to evaluate the rationality and feasibility of the project which will be constructed, and to provide bases to make investment decision and scheme selection. Taking example by the economic evaluation of a highway project in the north area, this paper introduces the current methods of the economic evaluation of the highway construction.

Key concepts: Rationality, Economic evaluation, Transport engineering, Investment (military), Scheme (mathematics), Selection (genetic algorithm), Economic feasibility, Economic analysis

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