Louisiana’s Growing Opportunities
Billions of dollars are spent each year on coastal restoration and flood control in Louisiana, creating new economic activity. As the state becomes a water management hub, the talent and resources of academia, business and government converge to form world-class think tanks, laboratories and research.
Louisiana is executing the first fully integrated ecosystem restoration project of its kind that will promote a sustainable coastal ecosystem and provide a viable working coast to support significant industries.
In addition, Louisiana’s importance to the United States is unequaled. The state is:
- A significant producer and transporter of oil and natural gas
- The single largest producer of blue crabs, shrimp and crawfish
- The country’s largest habitat for migratory waterfowl and songbirds
- Home to five of the top 15 ports by tonnage in the nation — the reach of Louisiana’s port system surpasses both that of New York and Los Angeles
According to the Coastal Protection and Restoration Authority of Louisiana, Louisiana is projected to spend $1 billion to $2 billion per year for the next 50 years on water-related research and projects in marsh creation, protection systems, sediment diversion and restoration.