Port Covington

Could new infrastructure transform Maryland’s economy?


Economic development experts compare it to the construction of the interstate highway system.

The federal Infrastructure Investments and Jobs Act (IIJA) will deliver $973 billion to Maryland over the coming five years to improve roads, bridges, transit, rail lines, broadband, cybersecurity, EV charging networks and more. The direct economic impact of that investment will be enormous. Based on his most recent analysis for NAIOP, George Mason University Professor Emeritus Dr. Stephen Fuller estimates that the IIJA will generate nearly $632.5 billion in personal income for Maryland residents and contribute nearly $1.89 trillion to the state GDP over the next five years.