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  • W.Va. still waiting for that boom

    Completion of highway system could create more than 80,000 jobs
    June 6, 2008

    The 3,570-mile Appalachian Development Highway System is nearing completion, and it could mark the start of a more stable economy for one of the most poverty-stricken regions in the U.S.

    A study, conducted by the Appalachian Regional Commission (ARC) and released on June 5, revealed that the road network could provide tens of thousands of jobs and generate billion of dollars. It also will improve travel times and help link the 13-state region to a more global trade network.

    “You can see the economic benefit; that it is a wise investment for both Appalachia and the rest of the country,” Anne Pope, co-chairman of the ARC, told the Associated Press.

    Much of the 3,570-mile system is already complete, but the most difficult—434 miles of destitute areas and rough terrain—still need to be completed. Officials are relying on federal funds to get the job done. According to the study it could cost up to $16.6 billion the finally finish the job, but researchers also say the return on investment could be as high as $3 for every $1 invested in the highway.

    Completing the system is expected to create over 80,000 jobs and more than $5 billion in increased economic activity. Savings in travel time, operating costs and road safety could grow to as much as $5.1 billion by 2035.



    Source: The Associated Press   June 6, 2008




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