PANYNJ Board approves largest capital plan in history

摘要

The Port Authority of New York and New Jersey (PANYNJ) Board of Commissioners approved a $32.3 billion 2017-2026 Capital Plan on Feb. 16. It is the largest capital plan in agency history and includes $29.5 billion in direct spending on PANYNJ projects and the $2.7 billion commitment to support debt service on the Gateway passenger rail tunnel project. PANYNJ expects it to result in the creation of 235,400 job years, $20 billion in total wages and $56 billion in overall economic activity.