MARITIME PROSPERITY ZONES

Presidential Executive Order 14629 aims to revitalize the U.S. maritime industry by establishing maritime prosperity zones, enhancing national security, and promoting economic growth. The order proposed the creation of maritime prosperity zones modeled after the opportunity zones established by the Tax Cuts and Jobs Act of 2017. These zones will be geographically diverse, extending beyond traditional coastal shipbuilding areas to include river regions and the Great Lakes. The establishment of maritime prosperity zones is expected to enhance economic activity in the maritime sector, create jobs, and strengthen national security by ensuring a robust domestic shipbuilding capability. The initiative reflects a broader strategy to revitalize American manufacturing and reduce reliance on foreign entities for critical maritime services and products.
Moderator:
Panelist: Jim Connaughton, TBD (jim@jamesconnaughton.com)
Panelist: Al Puchala, CapZone Impact Investment Group (al.puchala@capzonegroup.com)
Panelist: Dr. Beatriz Canamary, Co=Founder, American Maritime Industrial Coalition
Panelist: TBD, CEO, Port of Mobile