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"SC Free Market Ports": Statement on South Carolina Senate Bill
PRESS RELEASE
March 15, 2006
Beaufort, S.C., March 15, 2006 - SC Free Market Ports President Dick Stewart today expressed his group's opposition to S. 1239, a bill in the South Carolina State Senate which would require the S.C. Budget and Control Board to approve the sale of any port management company to a foreign-owned concern. Sponsored by Sen. Chip Campsen (R-Charleston) following the proposed sale of certain U.S. port terminals to Dubai Ports World, the bill was referred to the Senate Transportation Committee on March 9 and is
currently awaiting a hearing at the subcommittee level.
"The old saying is lead, follow or get out of the way," said Stewart. "South Carolina's State Ports Authority has failed to lead in expanding capacity, it's failed to follow in letting the Jasper facility be built and it's failed to get out of the way and allow for meaningful private investment. As a result, our state continues to fall further behind the rest of the nation."
"This bill would unnecessarily add another layer of bureaucracy to government, but it does highlight the precarious situation in which we currently find ourselves," Stewart said. "When Senators are sponsoring bills talking about the kind of private investment we would accept versus what kind we wouldn't accept, it shows people are at least starting to wise up. South Carolina has spent nearly twenty years trying to expand port capacity under our current 'total state control' model. Those efforts have been an unqualified disaster, and it's time we joined our competitors and started meaningfully engaging the private sector before it's too late."
-#####-
Will Folks
Viewpolitik, LLC
1201 Main Street, Suite 1100
Columbia, S.C. 29201
803-748-1266 office
803-748-1299 facsimile
[email protected] e-mail
www.viewpolitik.com online
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