National Gateway Wins Recognition Among Top 100 Infrastructure Projects
Washington, DC - July 29, 2010 - The National Gateway announced today that it has been recognized as one of North America's top 100 strategic infrastructure projects by CG/LA Infrastructure LLC, an independent group that fosters economic opportunities for countries, regions and companies in the infrastructure marketplace.
The National Gateway, an award-winning $842 million public-private partnership, will create a more efficient rail route linking Mid-Atlantic ports with Midwestern markets by increasing the use of double-stack trains. In 2009, the project was honored as "Competitiveness Project of the Year" by the North American Strategic Infrastructure Leadership Forum.
CG/LA Infrastructure LLC identified projects in Canada, Mexico and the United States contributing to long-term competitiveness. The National Gateway was selected based on its contribution to local economic productivity, job creation and energy efficiency. Yielding $22 in public benefits for every $1 of public funds invested, the National Gateway will create 50,000 jobs and stimulate economic activity in America's port cities, lower CO2 emissions by almost 20 million tons and reduce highway congestion.
Just over 50 of the selected projects, including the National Gateway, will participate in CG/LA's Second Annual North American Strategic Infrastructure Leadership Forum, being held in Washington, DC from Sept. 27 - 29.