Inflation could push the cost of Texas' coastal barrier project already expected to be the largest civil engineering project in U.S. history to $57 billion, the U.S. Army Corps of Engineers said.
Texas Ike Dike coastal barrier project could cost $57 billion with inflation, Army Corps says tpr.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from tpr.org Daily Mail and Mail on Sunday newspapers.
The latest figure is 68% higher than an earlier estimate of $34 billion, and it’s unclear when or whether Congress will appropriate the money to build the massive system of gates intended to protect the Houston region from storm surge.
The latest figure is 68% higher than an earlier estimate of $34 billion, and it’s unclear when — or whether — Congress will appropriate the money to build the massive system of gates intended to protect the Houston region from storm surge.