It can increase economic growth as it's a form of investment. As a result, it acts as an asset to the community and therefore adds value to the local economy. So as investment is part of aggregate demand, aggregate demand will increase and therefore economic growth will increase.
It can increase economic growth as it's a form of investment. As a result, it acts as an asset to the community and therefore adds value to the local economy. So as investment is part of aggregate demand, aggregate demand will increase and therefore economic growth will increase.