Search This Blog

Wednesday, April 23, 2025

NYC Gateway Tunnel Expected to Generate $445 Billion for Economy

 


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.

https://www.bloomberg.com/news/articles/2025-04-23/nyc-gateway-tunnel-expected-to-generate-445-billion-for-economy

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.