A Corridor of Commerce, that’s what Corridor H truly is. In October of 2013 a study was done to discern how much of an economic impact an earlier completion of Corridor H could mean for our state. Some of the findings of this study can be found below:
Finishing Corridor H by 2020 would result in an additional $1.25 billion dollars in economic output, when compared with completion of the highway by 2036. This difference in economic impact can be explained by two factors:
The study also shows that the completion of Corridor H by 2020 will allow for an increase of $360 million in wages throughout the state, and an increase of around 534 jobs annually.
We will see this increase in economic output in all areas of the economy, but we will see the greatest impact in the Manufacturing, Transportation, and Construction fields. Manufacturing alone is expected increase by $275 million between 2020 and 2036, with Transportation and Warehousing increasing by an estimated $219 million following the construction of Corridor H.
Corridor H provides a direct link to the I-66/I-81 junction near Front Royal, Virginia. There, a large inland port with direct double-stacked container rail to the deepest seaport on the East Coast becomes accessible. From the port at Norfolk, goods from Appalachia can then be transported all over the world.
Tourism is also an enormous growth industry in the region that will benefit from the completion of Corridor H. With some of the finest skiing in the eastern United States, this highway will further open markets to this magnificent area. Meanwhile, white water rafters will find it easier to reach remote destinations of Class Four and Class Five rapids. All of this adds to the largest industry in West Virginia – tourism.