Rahall Hails Economic Benefits of the Appalachian Development Highway System
06/05/08Acting as Co-Chairman of the Appalachian Congressional Caucus, Congressman Nick Rahall (D-WV) hosted a press briefing in our Nation’s Capital today to highlight the promising findings of the Appalachian Regional Commission’s (ARC) recently completed study on the Economic Impact of Completing the Appalachian Development Highway System (ADHS).
“The Appalachian Development Highway System has played a key role in boosting the economy of my home state of West Virginia, linking formerly isolated communities to markets throughout the Nation and beyond and helping to create new jobs and brighter economic opportunities,” said Rahall. “This report provides strong evidence to support those of us who are working to provide the necessary funding to complete this system and achieve the full measure of potential it has so long promised.”
According to the study, the completion of the ADHS will provide:
- Regional Economic and Job Gains: Completing the ADHS is projected to create 80,500 jobs, $3.2 billion in wages, and generate over $5 billion in increased regional economic activity by 2035.
- National Efficiency Savings: Nationally, savings in travel time, and fuel and non?fuel operating costs, and increased safety are estimated to grow to $5.1 billion annually by 2035.
- Enhanced Global Competitiveness: ADHS completion will enhance the future economic competitiveness of the national and ARC regional economies by providing additional capacity for the national transportation system, which will better link the region to the global marketplace.