Saturday, December 28, 2024

Trending

Investing in port infrastructure for America’s post-COVID-19 recovery

Share

Author: Gary Clyde Hufbauer, PIIE US President Joe Biden’s next big legislative push is an infrastructure bill that will top US$2 trillion. The President has broadly defined ‘infrastructure’ to include schools, housing for the elderly and much else besides the classic ingredients of roads, bridges and ports. While the total price tag is huge, constituencies in both the Democratic and Republican parties will jockey for their favourite projects, so some needs will be short-changed. Even with a price tag in the tens of billions, enlarging ports on the US West Coast should be a priority for Biden. Dozens of container…

Source link : Investing in port infrastructure for America’s post-COVID-19 recovery by East Asia Forum

Read more

Latest News

Discover more from Siam News Network

Subscribe now to keep reading and get access to the full archive.

Continue reading