The long-awaited $16 billion rail tunnel project connecting New York City and New Jersey is expected to provide the national and regional economy with a $445 billion boost.
The construction phase of the Gateway Program will generate about $42.8 billion of economic activity in the region, according to an economic analysis by the Regional Plan Association. After completion, the tunnel will $230 billion worth of economic activity in the region and another $170 billion across the US.
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