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Miami Dade Swot Analysis

2753 Words12 Pages

Overview: TRANSPORTATION
Miami-Dade County has positioned itself as a global and domestic epicenter with the potential to become the No. 1 authority in industries such as tourism, trade, commerce, and logistics. With Florida Governor Rick Scott’s push for 100 million visitors to the state, most of whom will enter through Miami-Dade, there has been a great need and effort to strengthen the state’s transportation infrastructure, which is critical to hitting Scott’s visitor benchmark, and on a local level, to the growth of Miami-Dade.
Miami-Dade has 34 municipalities (including City of Miami, Miami Beach, Aventura, Miami Gardens, and North Miami). Each city has it own government and is responsible for city services such as police and zoning. …show more content…

It is the second largest revenue producing entity in Miami-Dade, contributing close to $27 billion annually to the local and state economies. PortMiami is a hub for cargo and freight imports and exports, especially to and from Latin America, the Caribbean, and Europe. Over half of PortMiami’s cargo business is comprised of Latin America and the Caribbean (52%), with trade to the Asia Pacific at 39%, and Europe at 9%. Its main cargo includes perishable items such as fruits and vegetables; vehicles; apparel and textiles; paper; electronic equipment; stone and clay; and construction and industrial equipment, according to its Web site. In 2013, the most recent year that data is available, 7.9 million tons of cargo moved through …show more content…

The region hopes to increase its trade to Asia, which the Panama Canal expansion could assist with. To prepare for the Post-Panamax ships, the new megaships that will cruise the Panama Canal, the port’s channels are currently being deepened from 48’ to 50-52’. The Deep Dredge Project, which is expected to be complete by mid-year 2015, cost $150 million and once finished, will make PortMiami the only U.S. port south of Norfolk, Virginia, capable of accommodating the Post-Panamax cargo ships. In addition to the Deep Dredge Project, the PortMiami tunnel – opened in August 2014 –allows cargo truck drivers to access the Port directly from I-95 and S.R. 836. Its opening has helped ease congestion on downtown streets, and nearly 12,000 vehicles use the tunnel daily. It is estimated that 1.5 million trucks will use the tunnel as opposed to downtown streets. The PortMiami tunnel cost $1 billion and was funded through a public-private

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