Elaine Chao in The Washington Examiner

On Technology: Slow permitting process blocking private sector investments

The Trump administration's proposal aims to spend $200 billion in federal funding to spur a total of $1.5 trillion in infrastructure investment, with states, localities and private industry covering the difference. "While there is a great deal of enthusiasm from the private sector to participate, one of the hurdles they face is the lack of ready projects," Chao said. "If the permitting process can be sped up, it will allow more projects to be available for the private sector to invest." Source: Washington Examiner on 2018 Trump Cabinet Mar 1, 2018

The above quotations are from The Washington Examiner. Click here for other excerpts from The Washington Examiner. Click here for other excerpts by Elaine Chao. Click here for a profile of Elaine Chao.
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