Four Maryland chambers of commerce representing about 1,500 businesses threw their support behind a proposed high-speed magnetic levitating train — saying the multibillion-dollar project will be “transformative” for the Washington-Baltimore corridor because it will create thousands of jobs.
Leaders from the chambers of commerce for Prince George’s County, Northern Anne Arundel County, Baltimore and Baltimore County all spoke about a need for better transportation options in the region to reduce traffic congestion and spur economic development. They join various building trade groups and the NAACP as supporters of the proposed rail project that could allow passengers to travel between Baltimore and Washington in 15 minutes.
The Northeast Maglev, the company behind the project, will partner with the chambers on community outreach efforts and opportunities for local businesses. Officials estimate the proposed maglev will create 74,000 jobs from construction and 1,500 permanent jobs after opening. Maglev is also estimated to add $6.5 billion to Maryland’s economy during construction and $268 million annually after opening.