The present study focuses on the evaluation of Investment Laws 2601/98 and 3299/2004 in the Municipality of Pogoni, in total and by economic sector, with respect to the economic model of the area. Specifically, the basic characteristics of the eligible investments are analyzed and their effects on economic growth are investigated, using appropriate sectoral multipliers estimated from the input-output tables of the Greek economy. The emphasis is given on two principal parameters, namely income and employment growth, which constitute a key objective of the economic development framework.