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The High Cost of Underinvestment

The High Cost of Underinvestment

FromThe Rebuild SoCal Zone


The High Cost of Underinvestment

FromThe Rebuild SoCal Zone

ratings:
Length:
24 minutes
Released:
Mar 11, 2024
Format:
Podcast episode

Description

The High Cost of Underinvestment: Assessing the State of Infrastructure in Southern California
In this episode, host Jon Switalski spoke with Matt Newman, the Principal and Co-Founder of Blue Sky Consulting Group, about a new report titled “The High Cost of Underinvestment: Assessing the State of Infrastructure in Southern California,” Rebuild SoCal Partnership launched in January of this year. We discuss key findings from the report, including transportation challenges, regional bridge and water system concerns, and equity disparities.

Over the past decade, Southern California's infrastructure investment has plummeted by 37 percent, impacting critical needs. Infrastructure at our regional ports needs investment, too - an estimated $5.7 billion investment is needed over the next decade for efficient goods movement at the region's ports.

Infrastructure investment drives economic growth, enables the swift movement of goods throughout the region, enhances health and safety across communities, and improves the quality of life for residents.

To read the full report, please visit https://rebuildsocal.org/2024report/
Released:
Mar 11, 2024
Format:
Podcast episode

Titles in the series (44)

Rebuild SoCal Partnership consists of 2,750 contractors, 90,000+ union workers, along with 3 unions and numerous construction trade associations. The Partnership is dedicated to working with elected officials and educating the public on the continued need for essential infrastructure funding including airports, bridges, ports, rail, roads and water. Located in Anaheim, CA. The podcast will discuss up and coming construction trends and projects in Southern California that will affect your community and your life.