AAPA survey shows U.S. ports to invest big in capital projects
Infrastructure investments in America’s seaports and their intermodal connections – both on the land and in the water – are in our nation’s best interest.
In the “2016-2020 Port Planned Infrastructure Investment Survey,” the American Association of Port Authorities (AAPA), Alexandria, Va., asked its U.S. member ports how much they and their private-sector partners plan to spend on port-related freight and passenger infrastructure over the next five years. The answer was a whopping $154.8 billion.
AAPA then contrasted that number with what it believes is the “best-case” scenario for investments by the federal government into U.S. ports, including land- and water-side connections, through 2020. The answer was just $24.825 billion.