US$225m for US port infrastructure

US cash New US legislation means US$225m will be available for US port infrastructure improvements. Credit: Pixabay

US$225m will be available for US port infrastructure improvements through the FY 2020 Transportation, Housing and Urban Development (T-HUD) Appropriations bill.

The funding for the Port Infrastructure Development Program is US$68m below the FY 2019 US$292.73m allocated. President Trump’s FY 2020 budget request did not include funding for this programme.

“This is great news for America’s ports and follows on the heels of first-time direct funding for seaports totalling $292.73 million in the FY 2019 T-HUD appropriation,” said AAPA.

The legislation to provide funding for the improvements was released by the House Committee on Appropriations.

FY 2019’s agreement included Transportation, Housing and Urban Development, and Related Agencies (THUD) funding for a dedicated port infrastructure programme in the US Department of Transportation’s (USDOT) Maritime Administration (MARAD).

The goal of the MARAD programme is to enhance US port competitiveness and the ability of ports to effectively handle the movement of goods in the US supply chain.

By Rebecca Jeffrey

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