46.8k views
0 votes
What impact would deepening the

Savannah Harbor have on the economy of
the state of Georgia?

2 Answers

5 votes
“The deepening of the Savannah Harbor will yield exceptional economic benefits to the entire nation.” For example, a deeper channel will bring a net increase of more than $282 million per year to the economy.
User BruceM
by
3.7k points
5 votes

Answer: Deepening the Savannah harbor will also allow neo-Panamax ships to call on the port with heavier cargo loads. This will lower fuel and transportation costs netting the nation hundreds of millions of dollars per year in savings to the economy. The benefits of the completed SHEP will be $7.30 for each $1 invested in the deepening.

User Dkretz
by
4.8k points