Mar 20, 201703:06 PMBlog
Wash. groups push infrastructure investment for economy
As lawmakers in D.C. mull major investments in the nation’s infrastructure, a coalition of organizations in Washington state is making a case for some of their attention to go toward the Evergreen State.
That coalition includes organizations invested in the state’s ports and private sector businesses. The Association of Washington Business and the Washington Public Ports Association have partnered with the Association of Washington Cities and the Washington State Association of Counties in commissioning a report highlighting the needs of the state’s infrastructure and the benefits to the economy that investments to it could bring.
Among its findings: Washington moves more than $70 billion worth of goods through its ports and contributes well over $300 billion annually to the U.S. economy. The state is home to 10 Fortune 500 companies, moves more than $70 billion worth of goods through its ports each year, and is home to more than 7,000 small businesses.
Despite that, Washington’s total infrastructure needs are estimated at more than $190 billion.
“We are anticipating a renewed commitment to infrastructure and this report lays the groundwork to position our state to take advantage of opportunities that arise,” said AWB President Kris Johnson. “This is an unprecedented partnership between our four organizations and it occurred because we recognize what’s at stake. Investing in Washington’s infrastructure will provide jobs and lead to a healthier economy throughout the state.”
The associations estimate Washington State’s total infrastructure needs to be over $190 billion. Likewise, this level of investment is estimated to create 600,000 to 660,000 direct and indirect jobs.
“Local agencies and the private sector have a long history of working together to prioritize infrastructure needs,” said Eric D. Johnson, WPPA Executive Director. “Washington State is ready for this investment.”