Question

What impact would deepening the Savannah Harbor have on the economy of the state of Georgia?

Answer 1

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.

Answer 2

“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.