Washington Business Spring 2017 | Washington Business | Page 27

washington business “This is an unprecedented partnership between our four organizations and it occurred because we recognize what’s at stake. Investing in Washington’s infrastructure will provide jobs and lead to a healthier economy throughout the state.” — Kris Johnson, president, Association of Washington Business at a glance The Association of Washington Business, the Association of Washington Cities, the Washington State Association of Counties, and the Washington Public Ports Association commissioned the “Building the Economy: Infrastructure Needs in Washington” and released it March 20. “The infrastructure needs in our state are great, and we need long-term and continuous investment to maintain our economy and prepare for natural disasters,” said AWC Chief Executive Officer Peter B. King. The longer leaders put off action, King explained, the underinvestment in infrastructure leads to increased costs, reduced income, reduced economic output, and firms looking for other places to do business. population growth equals more needs It is expected that Washington state will be home to an additional 2 million people by 2040. That means more of what we already have in terms of roads, broadband, water treatment and environmental improvements. “The fact is, people are moving to Washington state and we are poised for that growth,” said Eric Johnson, WSAC executive director, of the detailed report. Mike Ennis, AWB government affairs director for infrastructure policy, advocated for the state’s 2015 transportation investment package on behalf Washington is home to 10 Fortune 500 companies and moves more than $700 billion worth of goods through its ports each year. Washington contributes well over $300 billion to the United States economy, making the state a critical player in the nation’s success. Funding to meet Washington’s infrastructure needs would create an estimated 600,000- 660,000 direct and indirect jobs. To keep the state and nation working well, there are definite infrastructure needs — totaling more than $190 billion in Washington state alone. spring 2017 27