Kentucky’s economy cannot afford to wait another year to invest in infrastructure, says large coalition in letter to 2021 General Assembly
With very few working days remaining in the 2021 legislative session, a large coalition of businesses, chambers of commerce, and associations sent a letter to the General Assembly urging passage of House Bill 561, increasing investment in Kentucky’s infrastructure.
“Time is running out, and we cannot afford to let another session come and go without increasing investment in our infrastructure to pave the way for Kentucky’s economic recovery and future growth,” the coalition said.
The letter stated that more than $570 billion worth of freight travels through Kentucky’s transportation network each year, and more than 300,000 Kentuckians are employed in the manufacturing and logistics industries alone. As Kentucky is located within a day’s drive of two-thirds of the US population, Kentucky has become a logistics hub with the UPS Worldport in Louisville and the Amazon Air Hub in northern Kentucky, the letter highlighted.
The group emphasized Kentucky’s infrastructure needs must be met in order for Kentucky to maintain its momentum and competitive advantage for logistics and manufacturing, pointing to all of Kentucky’s surrounding states that have prioritized infrastructure investment in recent years.
“The cost to the average driver will be small – about $1 per week – but the benefit to our infrastructure system will be immense,” the letter concluded.