Economic Planning

Economic development research, strategy and action planning is a core of SQW’s competence. A key and sought-after feature of our work is the dynamic view we take of economies and their assets, often delivered through our close links with specialised forecasting experts. Our track record in economic development research, strategy and action planning spans supra-regional, regional, sub-regional and local geographies. And we don’t work for clients; rather our approach is to work with clients, recognising that they and their partners will be responsible for taking forward the analyses, strategies, and action plans that we have catalysed.

Over the past 30 years, SQW has provided Economic Impact Assessments to assess the effects of new roads, buildings, air routes, cultural and sports events, landscapes, national parks, universities and technology. All are based on assessing the difference that the new activity has made to income, expenditure and employment in the local area or region. While most economic impact studies are concerned with the immediate effects, our work is increasingly looking at how sustainable these effects might be.

Economic Planning Projects

We undertook a full feasibility study for an innovation centre to support the formation and growth of new innovative and technology based businesses in Hong Kong. This included market analysis, proposals for physical development and organisation and management arrangements. We later advised on the appointment of the first Chief Executive. The Centre was subsequently built and has proved extremely successful.
SQW was commissioned to make inputs to preparation of a World Bank technology development project for Croatia. Specifically, we were asked to review existing technology service centres, and develop proposals for their further development, and for related support to new and small technology based firms, including provision of incubator space for new businesses, and establishment of a seed fund.
SQW was contracted by the IFC to undertake a mid-term evaluation of the China Project Development Facility. The aim was to provide donors and the IFC with an independent assessment of CPDF’s activities and outcomes to date and to help donors decide on their funding options for CPDF’s next cycle. Project work involved consulting with key stakeholder groups, undertaking a survey of programme beneficiaries, financial analysis of the CPDF as well as assessing its development impact. The report detailed lessons learned and made recommendations for the future.
SQW was commissioned as lead consultant to undertake a review of the strategic direction, business model, financial viability and management structure of HKPC. The HKPC employed 600 staff, and had for over 25 years played a key role in enhancing the productivity of Hong Kong industry and encouraging technology upgrading and innovation. But its traditional role had been challenged by the movement of most manufacturing activities into mainland China and the establishment of other organisations in Hong Kong. A radical rethink of future role and structure was therefore required.
SQW was commissioned to work with Scott Wilson Hong Kong to make inputs to a detailed submission of proposals for development of land related to a new port at Nansha in the Pearl River Delta, China. The land area concerned is around 26 sq km, to include port related activities and more general urbanisation. Our role was to advise on the nature and scale of provision for industry and service activities, both port related and others suited to this location.