LOS ANGELES, CA — Today, the Los Angeles Area Chamber of Commerce and the Los Angeles Times met with business leaders from the public and private sector for the State of L.A. Infrastructure. The half-day summit featured panel discussions on how to update and expand the infrastructure needed to maintain L.A.’s economic competitiveness in a global economy.
The goal of the summit was to begin an ongoing conversation about the state and future of L.A.’s infrastructure, while also discussing a long-term goal of developing an infrastructure agenda for the L.A. region.
“In recent years, our community has approached infrastructure in silos,” said Gary Toebben, L.A. Area Chamber president & CEO. “Today’s discussion is the beginning of a larger conversation to build a comprehensive, cross industry and strategic approach.”
Information gathered at today’s summit will be used by the Chamber to create a blueprint for a comprehensive approach to infrastructure development that the business community throughout Los Angeles can support.
“We need to accelerate the investment in what you traditionally think of as infrastructure, but we have to think outside those boundaries and think instead about how we can build a 21st century city,” said Austin Beutner, Los Angeles Times publisher and CEO.
State of L.A. Infrastructure is sponsored by Siemens Corporation, AT&T, Southern California Gas Company, Los Angeles Department of Water & Power, Metropolitan Water District of Southern California, State Farm Insurance Companies, Verizon and BNSF Railway Company.
“The one thing we've found with big rail projects is the ones that work are the ones that are part of a bigger, long-term plan,” said Martin Powell, vice president of Urban Development within Siemens Global Centre of Competence for Cities.
For more information on the State of L.A. Infrastructure, visit www.lachamber.com.
The Los Angeles Area Chamber of Commerce represents the interests of business in L.A. County. Founded in 1888, the Chamber promotes a prosperous economy and quality of life in the Los Angeles region. For more information, visit www.lachamber.com