May 1, 2019 - TRA Newswire -
CG/LA Infrastructure has released their 3rd Annual Strategic 50 U.S. Infrastructure Projects Report and two big Texas transportation programs made the list. The Top 50 report recognized $290 billion worth of projects.
“The projects on our list all have opportunities for private investment, and each addresses a critical issue, from mobility, to safe and secure electricity to the coming 5G foundational infrastructure, ‘critical for everything from smart cities to driverless vehicles,” says Norman Anderson, CEO & Chairman of CG/LA Infrastructure.
Transit projects had a strong presence in the rankings with $37.5 billion in total value. CG/LA described the Texas Central Railway and Cotton Belt Regional Rail ventures as very strong projects.
The Strategic 50 by the Numbers: This year’s list would generate nearly 2.4 million direct jobs – and benefits in virtually every Congressional district. Leading the pack was the water & wastewater sector with approximately $81 billion in investment opportunities; mobility infrastructure - highways, bridges & tunnels - ranks second, with $44 billion. Renewable energy projects, coupled with new forms of energy storage, rank third totaling $40 billion.
"We also have an opportunity to take a new look at strategic projects. The Gateway Program is proud to be on this year’s list for the Blueprint 2025 2X Leadership Forum, emphasizing critical projects to energize dialogue into action on infrastructure across the U.S.,” said Stephen Sigmund, Chief of Pubic Outreach for The Gateway Program Development Corporation.
According to Anderson, the U.S. infrastructure industry is at a moment of transition and President Trump is again talking infrastructure with Capitol Hill, tabling a $2 trillion investment number. "Following years of under investment one of the report’s key conclusions is that we have a massive opportunity to leapfrog into the future."
The Blueprint 2025 2X Leadership Forum, to be held at Nationals Park on May 7th will feature and host the top projects, critical technologies, and innovative finance, at an event for 200 public and private executives.