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BORDER INFRASTRUCTURE * Canada - A bridge too far?
Toronto,ON,CAN-The Globe and Mail, by BRENT JANG -April 28, 2007: -- Manuel (Matty) Moroun is arguably the most powerful U.S. businessman most Americans and Canadians have never heard of. Ideally, he would like to keep it that way. But in the twilight of his career, the 79-year-old billionaire has decided to lift the veil on his high-stakes battle to maintain control over the most important transportation link between Canada and its largest trading partner... The sole owner of the Ambassador Bridge at the Detroit-Windsor border since 1979, Mr. Moroun has spent a half-billion dollars building a land portfolio in the region to make possible his dream to add a new link to the corridor. The busiest commercial crossing in North America has become a choke point ever since extra security checks were introduced after the Sept. 11, 2001, terrorist attacks in the United States... For the past 15 years, Mr. Moroun has accumulated property in Detroit and Windsor, positioning himself to build a new span next to the 77-year-old Ambassador Bridge. But the quest to strengthen his stranglehold on commercial truck traffic is being threatened, and he is in danger of being elbowed aside by a competing proposal backed by governments on both sides of the border. At risk is not only his virtual monopoly, but the viability of his existing business running the old bridge as well... (Photo: Detroit—Ambassador Bridge)Labels: border infrastructure
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