Friday, 12 January 2018 13:27

American Ports requesting $66 Billion

493 US Port Infrastructure

 

The American Association of Port Authorities (AAPA), has sent Port of Cleveland President and CEO William Friedman to testify for a fund of US$ 66 billion over the next decade for America’s public ports. Friedman presented his case before the US Senate Committee on Environment and Public Works (EPW) in a hearing titled ‘America’s Water Infrastructure Needs and Challenges’. His testimony, which has focused on issues related to navigation infrastructure maintenance, rehabilitation and replacement, is to help committee members better understand and appreciate some of the critical infrastructure issues faced by US ports. Seaport cargo activity accounts for 26 percent of US GDP, over 23 million American jobs, and generates over $320 billion annually in federal, state and local tax revenues.

 

Read 1035 times Last modified on Friday, 12 January 2018 13:40
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