Coutinho discusses economic development
December 7th, 2012
Assemblyman Albert Coutinho, chairman of the Assembly Commerce and Economic Development Committee, was welcomed by the CIANJ this week as he discussed the challenges New Jersey faces rebuilding from Superstorm Sandy.
Coutinho said across the state residents and elected officials must have “an open mind and a willingness to cooperate” to meet the challenges ahead. Initial estimates show more than $37 billion in damages occurred.
Like many state officials, Coutinho has toured the devastation along the Jersey Shore. While there were tremendous losses, the assemblyman said there is also an opportunity now to rebuild the coast and the infrastructure to make New Jersey stronger and safer in the future.
Coutinho was the sponsor the enabling legislation for the incentive programs designed to attract business to New Jersey and help existing business grow. He is now re-examining all the incentive programs to streamline them and make them more effective in creating jobs and attracting investment.