The Northern Virginia Transportation Authority is pairing up with the Northern Virginia Transportation Alliance to host a forum on “The Economic Impacts of Transportation Investments.” Experts in transportation, real estate, heavy construction and business will convene on February 6th from 10:00 am to 11:00 am to discuss how transportation factors into business decisions, as well as take a look at a recent Northern Virginia Transportation Authority study on the economic benefits of the Authority’s multi-billion dollar funding of transportation projects aimed at tackling congestion across the region.
Key takeaways from the Authority study’s findings, include:
- 26,000 jobs created through NVTA project funding;
- NVTA’s projects are expected to save Virginians 209 million hours of travel time, or $3.1 billion in monetary savings, giving taxpayers more than 100% return on the taxes they entrust to NVTA; and
- NVTA’s funding of nearly $2 billion in 95 multimodal regional projects has triggered another $3.8 billion in additional investments = $5.7 billion in critical transportation projects to NoVa.
Those interested in attending can RSVP for the event by clicking here.