Question $5.$ The UAE government is considering the implementation of Trackless Tram services in Abu Dhabi and other emirates as a strategic initiative to alleviate traffic congestion and enhance urban air quality. The proposed project entails an initial capital investment of $$1,000$ million, alongside recurring annual operational costs are: Insurance: $$1\mathrm{.}5$ million, Office supplies: $$0\mathrm{.}5$ million, Sataries: $$1\mathrm{.}75$ miltion, Rent: $$1$ million, Taxes: $$0\mathrm{.}25$ million, Utilties: $$0\mathrm{.}35$ million, Accounting fees: $$0\mathrm{.}2$ million, Advertising: $$0\mathrm{.}2$ million, Marketing: $$0\mathrm{.}25$ million, Research and development: $$0\mathrm{.}3$ million, Material costs: $$2$ million, Other overhead costs: $$2$ million. The project is expected to generate annual benefits through various socio$-$economic and environmental improvements: Reduction in travel time: $$3$ million, Reduction in fuel consumption: $$2\mathrm{.}5$ million, Decrease in pollution levels: $$2$ million, increased passenger capacity compared to conventional buses: $$3$ miltion. Assuming a project lifespan of $7$ years and a discount rate of $10\%,$ evaluate the feasibility of the project using a cost$-$benefit analysis approach. Clearly state whether the project is economically viable based on the Net Present Value $($NPV$)$ derived from the analysis.