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U.S. Chamber Demonstrates How 'Waterways Work for South Carolina' Economy
9/12/2013 11:56:02 AM

WASHINGTON, D.C.- With the current marine transportation system under duress, the U.S. Chamber of Commerce's Let's Rebuild America initiative today released "Waterways Work for South Carolina," a fact sheet highlighting the importance and contributions of South Carolina's marine transportation system to supply-chains and the economic vitality of the state. The initiative emphasizes issues across the country negatively impacting transportation systems including inefficient regulations, burdensome processes, project delays, and insufficient funding for modernization, operation, and maintenance.

"Congress has the opportunity to reauthorize the Water Resources Development Act of 2007, which would kick-start strategic investment in ports and waterways in South Carolina and across the country, increase American competitiveness and, in the process, create jobs both nationally and also in the Palmetto State," said Janet Kavinoky, the Chamber's executive director of Transportation and Infrastructure. "With smart investment, we can begin to address problems caused by congestion and delays, handle increasing cargo loads efficiently and safely, and power the nation's economic growth. A failure to invest in our nation's waterways will drive up transportation costs and increase prices for businesses and consumers."

South Carolina's waterways and ports system supports 12,575 jobs and contributes $2.3 billion to the state's economy. This system safely, efficiently, and cost-effectively transports $31.3 billion worth of manufactured goods, $5.9 billion worth of basic chemicals, and $4.5 billion worth of non-metallic minerals. Without proper investment, fewer jobs will be created or sustained, and millions of dollars will be lost.

Waterways Work for South Carolina is one of 50 state fact sheets that detail the vital role the nation's marine transportation system plays in each state. From the amount of jobs supported to the total revenue generated, they prove the business case for the need to invest in these critical systems.

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