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Treasurer Magaziner Highlights Need for Passage of Question 7 to Spur Economy during Quonset Visit

This morning, Rhode Island General Treasurer Seth Magaziner visited the Port of Davisville to discuss how Question 7 on this March's special election ballot will create jobs and spur economic development for Rhode Island.

"Rhode Island needs a broad-based economic recovery that benefits everyone, and Quonset is a crucial part of the state's economy. Question 7 would provide funds to support the hundreds of jobs that currently exist at Quonset, and allow for additional infrastructure investment and job growth at the Port of Davisville. Rhode Islanders should vote yes on Question 7 during the March special election," said Rhode Island General Treasurer Seth Magaziner.

Question 7 would allocate $20,000,000 for infrastructure development at the Port of Davisville at Quonset, allowing the Port of Davisville to service offshore wind project cargo and create new jobs, while continuing to maintain existing businesses. Question 7 would also invest $40 million in a statewide initiative to replicate Quonset's "Site Readiness" approach, preparing business ready parcels across Rhode Island for manufacturing and other job creating activities.

"Question 7 provides a critical opportunity to prepare Rhode Island for the growing offshore wind industry, expand existing port businesses that currently support nearly 1,700 jobs and replicate the success of Quonset Business Park across the State," said Quonset Development Corporation Managing Director Steven J. King, P.E.

Last week, Treasurer Magaziner launched a public awareness campaign in support of all seven bond measures on March's special election ballot. Magaziner has long been a proponent of using bonding to spur a broad-based economic recovery and put thousands of Rhode Islanders affected by the COVID-19 pandemic back to work. This Port of Davisville stop is one in a series of stops Magaziner will be making to highlight the need for passage of all seven bond questions.

Related links

  • Department or agency: Office of General Treasurer Seth Magaziner
  • Online:
  • Release date: 02-08-2021

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