MONDAY, AUGUST 26, 2013
More than $435 billion in new pipelines, airports and transportation projects are among the top 100 infrastructure projects strategically important to progress throughout North America, according to a new ranking.
The 5th Annual Strategic Top 100 North America Infrastructure Project list was announced Wednesday (Aug. 21) by CG/LA Infrastructure Inc., a Washington-based consultant. The projects have the potential to create 3.3 million direct jobs over the next two years and add 1 percent to the national Gross Domestic Product each year from 2015 through 2020.
"For our country to grow, we need to invest in infrastructure—it is the only growth strategy," said Norman F. Anderson, president and CEO of CG/LA.
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Los Angeles County Metropolitan Transportation Authority |
The Strategic Top 100 North America Infrastructure Projects, including high-speed rail, airports and pipelines, are expected to create 3.3 million jobs over the next two years. |
"To regain our global competitiveness, we need to double our investment in infrastructure—and to do that, we need to be creative, resourceful and—above all—bold, in identifying projects and getting those projects quickly approved and built," Anderson said.
According to CG/LA, each of the 100 projects offers a business opportunity in the next three to 12 months.
Project Categories
To identify projects, CG/LA narrowed down an infrastructure project data base of 5,000 projects to roughly 250 candidates. The selected projects were then defined by six "Competitiveness Visions" and ranked against a list of five criteria: business opportunity, competitiveness contribution, productivity contribution, job creation potential and carbon efficiency.
Gateway Hubs included projects identified as strategic "to the increased ability of North America to competitively engage in international commerce, such as ports, logistics systems and waterways improvements. These projects, worth $35 billion, had a focus on productivity to drive investment and growth. The three most valuable projects in this category are:
Champion Cities, worth $45 billion, included projects "critical to the increased performance of cities and their surrounding suburban areas." These projects are intended to attract productive and creative resources to promote economic growth and "increasingly attractive places to live and work." The three most valuable projects in this category are:
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gasline.alaska.gov |
Several of the projects will be presented at the 5th North American Infrastructure Leadership Forum, which will take place Oct. 29-31 in Washington, D.C. |
Connecting the Region identified projects "that bring us together," such as priority projects required to efficiently transport goods, services and people. This category was worth $141 billion. The three most valuable projects in this category are:
Energy Independence, worth $135 billion, included projects that result from new energy independence resources, including power generation, large-scale renewable projects, liquid pipelines, and infrastructure that supports new developments. The three most valuable projects in this category are:
Heartland Waterways were projects designed to aid U.S. competitiveness in waterway systems. These projects were worth $52 billion. The three most valuable projects in this category are:
Partnerships for Competitiveness, worth $27 billion, included projects that create new opportunities to trade goods and services with Canada and Mexico. The three most valuable projects in this category are:
A complete list of the projects can be found here.
Several of the projects will be presented at the 5th North American Infrastructure Leadership Forum, which will take place Oct. 29-31 in Washington, D.C.
Tagged categories: Awards and honors; Economy; Infrastructure; Pipelines; Program/Project Management; Rail; Transportation