Public Investment Requirement
Due to its remote location and absence of freeway and major rail services that are common to other existing container ports in the U.S., taxpayers would have been required to fund the expansive public works construction projects needed to deal with the high volume of truck and rail traffic into and out of the Southport area before securing any assurances of private investment that the NCSPA states is necessary for the port proposal to proceed. US and North Carolina taxpayers would have committed to the infrastructure improvements with no assurance that private investors will "come to the table" to invest in the port venture.
Read more about this topic: North Carolina International Port
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