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US Government announces US$660 million in grants for ports
来源:shippingazette 编辑:编辑部 发布:2023/02/24 11:18:08
THE US Department of Transportation's Maritime Administration (MARAD) has announced making available more than US$662 million in Federal Fiscal Year (FY) 2023 funding for MARAD's Port Infrastructure Development Programme (PIDP).
The purpose of the PIDP investment is to modernise the country's ports and help strengthen the supply chain sector in the US. The infrastructure package of the president of the US, Joe Biden, provides US$450 million annually in funding for the programme.
In addition, MARAD's Port Infrastructure Development Programme discretionary grants help eligible applicants including port authorities, states, local governments, Indian tribes and other eligible entities complete critical port and port-related infrastructure projects.
Said Maritime Administrator Ann Phillips: "The programme also includes a statutory set-aside for small ports to continue to improve and expand their capacity to move freight reliably and efficiently, support local and regional economies and support supply chain improvement."
The purpose of the PIDP investment is to modernise the country's ports and help strengthen the supply chain sector in the US. The infrastructure package of the president of the US, Joe Biden, provides US$450 million annually in funding for the programme.
In addition, MARAD's Port Infrastructure Development Programme discretionary grants help eligible applicants including port authorities, states, local governments, Indian tribes and other eligible entities complete critical port and port-related infrastructure projects.
Said Maritime Administrator Ann Phillips: "The programme also includes a statutory set-aside for small ports to continue to improve and expand their capacity to move freight reliably and efficiently, support local and regional economies and support supply chain improvement."