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Friday, June 6, 2008 - 07:12
W.Va. still waiting for that boom

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

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.

The Associated Press

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