Army Corps of Engineers looks to private sector to hasten waterway improvements

America’s inland waterways need work and the Army Corps of Engineers is looking for new ways to fund a $60 billion backlog in recapitalization projects.

The Army Corps’ recapitalization appropriation is about $2 billion annually. Congress has already approved $8 billion for 26 inland waterway improvement projects. But, many of those projects won’t be completed for another 50 to 60 years.

Public private partnerships may hold the key to helping the Army Corps speed up those vital infrastructure improvements.

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