A recent independent report on the Georgia Department of Transportation’s West by Northwest Project indicates that the project will result in significant economic benefits to the Atlanta region and statewide. Prepared by the Fiscal Research Center at Georgia State University, the report focused on the short-term effects of the project and found:
- The project will result in an estimated 9,705 private sector jobs in Georgia (including 9,169 jobs in the Atlanta metro region) that would not otherwise exist;
- The project will generate over $528 million in additional income in the state of Georgia and an additional $507 million in the Atlanta metro area;
- The project will increase the total economic output in the Atlanta metro area by more than 57%.
A full copy of the report is available from the Fiscal Research Center, which frequently writes about the economic implications of policies and public sector projects of significance to the state.
The West by Northwest Project is the first of several P3 projects in the pipeline for the state. GDOT issued a Request for Qualifications for the project earlier this month, and is expected to shortlist proposers next week.
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