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Public Policy -Transportation Taskforce <br />Why the Urgency <br />1.$50B in projects in the petrochemical industry over the last 5 <br />years, the first production comes online in 2018 <br />2.Combined with Port of Houston trade via the Panama Canal <br />and increased resin production, container volumes will grow <br />from 2 million TEU to 3 million TEU in 2-3 years <br />3.Houston Ship Channel activity accounts for 16% of states GDP <br />4.The state needs to invest in this critical freight infrastructure to <br />avoid congestion & maintain global competitiveness. <br />18 <br /> <br />