Infrastructure

How I-73 Could Impact Inland Port Dillon

Published: 
June 27, 2023
Posted by
James Toy

Inland Port Dillon, opened in April 2018 and continues to have a significant economic impact on the northeastern region of South Carolina and beyond. Located near the planned intersection of I-95 and I-73, the port offers direct rail access to the Port of Charleston, improving transportation efficiency for businesses involved in importing and exporting goods. The construction of I-73 is crucial for the development and future growth of Inland Port Dillon, and its economic impact is considered part of the broader impact of the interstate.

The benefits of Interstate 73 for Inland Port Dillon can be summarized as follows:

Enhanced Connectivity:

Proximity to I-73 provides improved transportation connectivity, enabling efficient movement of goods between the port and the interstate. This facilitates import and export activities and offers businesses seamless access to a major transportation artery.

Supply Chain Efficiency:

The presence of I-73 enhances supply chain efficiency for businesses. By locating warehouses and manufacturing facilities near Inland Port Dillon, companies can optimize their supply chains, reduce transportation costs, and streamline logistics operations.

Business Attraction:

Inland Port Dillon's location near the planned intersection of I-95 and I-73 attracts businesses, particularly in the logistics and manufacturing sectors. The port's accessibility acts as a catalyst, enticing additional businesses to establish or expand their operations in the region. This increased business activity leads to job creation and overall economic growth.

The economic impact of Inland Port Dillon encompasses its operations and the expansion of regional logistics and manufacturing industries. By 2040, the combined annual total economic impact is estimated to reach $825.3 million, supporting 3,462 jobs in South Carolina. This includes direct effects from the port's operations, such as employment and container handling, as well as ripple effects resulting from the growth of logistics and manufacturing sectors.

In conclusion, the construction of Interstate 73 near Inland Port Dillon brings enhanced connectivity, improved supply chain efficiency, and increased business attraction to the region. The port serves as a vital economic hub, generating substantial economic growth, job creation, and wealth effects for South Carolina. Inland Port Dillon's role in facilitating efficient import/export activities and its strategic location make it a key player in the transportation and logistics landscape of the northeastern region.

Additional Documents
Inland Port Dillon & I-73
Read More
What exactly is an inland port?

 An inland port is a transfer point for goods between ships, trains, and trucks located away from coastal ports. It improves supply chain efficiency, reduces costs and congestion, and supports regional economic development. Inland ports attract businesses, create jobs, and stimulate trade, acting as hubs for industrial and commercial activities. They optimize transportation and enhance connectivity within a country or region, complementing coastal ports.

About Partnership Grand Strand
Partnership Grand Strand is a 501c3 foundation launched in 2022 by the Myrtle Beach Area Chamber of Commerce to fund a five-year economic and community development initiative. Through investments from local businesses and partnerships with community organizations, the foundation leads and supports efforts related to four pillars of success: prosperity, talent, place and infrastructure. Through their focused endeavors, Partnership Grand Strand works to accelerate economic prosperity and enhance quality of life across Horry and Georgetown counties. 
linkedin facebook pinterest youtube rss twitter instagram facebook-blank rss-blank linkedin-blank pinterest youtube twitter instagram