Source: World Maritime News
August 10th 2015
U.S. Port of Brownsville opened the new 600-foot marine cargo dock and storage yard on Friday, August 7, expected to make the port more competitive with domestic and foreign ports in the Gulf region.
The USD 27.5 million project, of which USD 12 million was provided by the U.S. Department of Transportation (DOT) through its Transportation Investment Generating Economic Recovery (TIGER) competitive infrastructure grant program, is expected to increase cargo capacity and efficiency and help to mitigate congestion in port operations. The Port of Brownsville matched funds for road, lighting and other improvements.
“The Department is proud that this TIGER Grant is strongly supporting the Port of Brownsville’s rise as a regional and international trade hub,” said U.S. Transportation Secretary Anthony Foxx.
“Guaranteed funding is essential for Brownsville and communities across the country so that projects like this one can be built – helping the country remain strong and competitive today and into the future.”
According to the Port of Brownsville, the port generates USD 2 billion in economic activity annually for the state of Texas, and more than 11,000 direct and related jobs that impact the local and regional economy.