The scheme hopes to emulate the success of the Port Authority of New York and New Jersey, a joint entity that has been in operation for more than 80 years. “Today’s announcement marks an historic day in the long term economic viability of this region,” said Governor Sonny Perdue. “Governor Sanford and I have proposed a plan that will benefit both Georgia and South Carolina. Commerce doesn’t begin or end at a line drawn on a map,so it was crucial for the two states to come together and ensure that prosperity continues.”