Economic Analysis

Started:  1st Quarter 1999
Completion: 1st Quarter 2008

Brief description:

This work will conduct a complete re-analysis of the Savannah Harbor Expansion Project economics as directed in the Project Guidance Memorandum. Information from the Feasibility Study and that developed in cooperation with the Economic Working Group will be evaluated and incorporated as appropriate. Economic conclusions will be reevaluated based on the updated data and analyses.

Current status:

The Economic Working Group has reviewed the Feasibility Study economic analysis. Its recommendations have been passed to the Savannah District for inclusion in the analysis. The Savannah District has contracted the economic analysis work to Gulf Engineers & Consultants (GEC). The scope of work and work plan have been coordinated with the Economic Working Group as details are developed. The report of the first two elements of the Vessel Fleet Forecasts (World Fleet-Existing and World Fleet-Prospective)was delivered in June 2004.

The final report of the Vessel Fleet Forecast has been posted for information. The reports of the first two elements of the Commodity Projections (World Trade Forecasts and U.S. Trade Forecasts) have been posted.  They are available via the Economic Analysis Reports page (see the link below).

The Multiport Analysis by GEC is in progress.  The  Regional Port Analysis by GEC is in progress.

In addition, the USACE economists are conducting reviews and updates to account for operational changes that have taken place since the GEC work in order to reach conclusions based on more recent data.

Links:

Economic Working Group page
Draft Economic Analysis Work Plan
Economic Analysis Reports