The state could see an economic boost once Connecticut’s highways are widened.
Gov. Dannel Malloy announced the results of a new state Department of Transportation analysis.
"This is about long-term thinking, about delivering a down-payment on our future,” Malloy said. “It's not just about quality of life - our transportation system is directly tied to our state's economic future and our ability to grow jobs.
The DOT study found that by adding travel lanes to both sides of Interstate 95 from Greenwich to Stonington, along with Interstate 84 between Waterbury and Danbury, Connecticut will see nearly $40 billion in benefits.
"That’s about four times the cost of both projects," Malloy said.
The initiative is part of the governor’s “Let’s Go CT” 30-year transportation vision.
"The economic benefits of upgrading our infrastructure come in the form of new business sales, new wage income to workers, and an increase in Connecticut's gross state product,” Malloy said. “We need to build a brighter economic future, and it starts with fixing our transportation now."
The DOT said adding the lanes to I-95 from border to border would lead to $15.5 billion in new business sales, $9 billion in the states gross state product and $6.3 billion in new wage income to workers.
The widening itself will cost $10.7 billion and support 11,000 to 19,000 construction jobs over a 10-year period.
For I-84, the DOT said it’ll produce $4.4 billion in new sales, $2.6 billion in the gross state product and $1.8 billion in new wage income to workers.
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