- Associated Press - Friday, June 20, 2014

MOREHEAD CITY, N.C. (AP) - A new report concludes that upgrading U.S. 70 to interstate standards in eastern North Carolina could mean $1 billion for the region’s economy.

The Daily News of Jacksonville reports (https://bit.ly/1yrK9vm ) the study was released on Thursday during a meeting of the Highway 70 Corridor Commission in Morehead City.

Among other things, the study found that upgrading the highway to interstate standards from Raleigh to Morehead City would add $1.2 billion to the regional economy and save $56 million for existing businesses.

It also found that upgrading the highway could create as many as 1,900 jobs each year in communities in the corridor. The study noted that some segment of the highway have already been brought up to interstate standards.

___



Information from: The Daily News, https://www.jdnews.com

Sign up for Daily Newsletters

Manage Newsletters

Copyright © 2020 The Washington Times, LLC.

Please read our comment policy before commenting.

 

Click to Read More and View Comments

Click to Hide