Report: Detroit River International Crossing (DRIC) Bridge Will Lose $4.5 Billion Over 20 Years
Via Peter Samuel of TOLLROADSnews, a new report from Conway MacKenzie estimates the proposed Detroit River International Crossing (DRIC) bridge would lose in excess of $230 million annually — or $4.5 billion over 20 years.
Canada is the biggest loser in this arrangement, facing 69 percent of project costs, but Michigan and/or the United States will still be losing $1.15 billion over 20 years. What is most infuriating about this project is that the private Ambassador Bridge currently exists and the owners are willing to twin — or add another adjacent span — that bridge. The DRIC, in contrast, would be government-owned.
In April, CEI Labor Policy Counsel F. Vincent Vernuccio had an article in The American Spectator on the bridge battle in Michigan. Read it here.