L.A. Area Chamber and Los Angeles Times co-host half-day summit featuring public and private sector discussions on the state and future of L.A. infrastructure
LOS ANGELES, CA — Today, the Los Angeles Area Chamber of Commerce and the Los Angeles Times met with leaders from the public and private sector for the second annual State of L.A. Infrastructure. The half-day summit featured Los Angeles Mayor Eric Garcetti, Southern California Edison CEO Ted Craver and the release of A Blueprint for a 21st Century Los Angeles Infrastructure. This report was developed in partnership with Siemens, a global technology company and city infrastructure provider.
“We need a 21st century infrastructure to compete today,” said Gary Toebben, L.A. Area Chamber president & CEO. “Infrastructure drives our economic growth, and in order to be competitive, we need the private and public sectors to come together to build a plan that is informed by and representative of the entire region.
The release of today’s report, A Blueprint for a 21st Century Los Angeles Infrastructure, is the culmination of a year’s worth of research and assessment that began with last year’s State of Infrastructure event. Following that event, the Chamber partnered with Siemens USA Cities Center of Competence to put together a report that would seed the critically important conversation between Los Angeles’ business and civic leaders, and lay the foundation for a complete, regional infrastructure plan.
“In this report, we have assessed L.A.’s infrastructure across key global metrics and examined how peer cities and regions across the world are responding to similar challenges,” said Martin Powell, V.P. of Urban Development, Global Centre of Competence Cities, Siemens. “We found that L.A.’s infrastructure is struggling to meet the region’s future environmental and economic needs. And while L.A. policymakers have begun to put in motion several long-term plans and policy goals, those are challenged by sector and jurisdictional limitations. A successful plan will demonstrate a significant transformation of L.A.’s regional infrastructure.”
“Southern California’s economy is key to the health of the rest of the state, and its infrastructure has nationwide and global impacts. We at Edison International and Southern California Edison believe that energy, water, transportation and telecommunications infrastructure is inextricably linked. Working with the Chamber and all our business partners here today will help us ensure infrastructure needs are effectively planned for and more than met,” said Ted F. Craver, Jr., chairman, president and CEO of Edison International.
State of L.A. Infrastructure is sponsored by Siemens; Los Angeles Department of Water & Power; Tesoro Refining & Marketing, Los Angeles Refinery; AT&T; Metro; Southern California Edison; State Farm Insurance Companies; Verizon; Majestic Realty and Southern California Gas Company, a Sempra Energy utility.
For more information on the State of L.A. Infrastructure or to download a copy of A Blueprint for a 21st Century Los Angeles 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