Factors for Regional Development
- New firm location /Existing firm expansion.
- Agglomeration of economies consider as a growth pole.
- Increases employment and population.
- Labour supply and participation in economic field.
- Enlarges the local and regional supply base.
- Upgrades infrastructure.
- Enlarges the local and regional financial base and spending power.
- Expands the service sector.
- Increases demand for goods and services.