U.S. Announces $450 Million Funding for Modernising Port Infrastructure

U.S. Announces $450 Million Funding for Modernising Port Infrastructure
Representation Image

The U.S. will invest $450 million in port infrastructure enhancements. As previously stated, the PIDP’s investments will be concentrated on improving U.S. coastal and inland waterway ports, enhancing supply chains, and enhancing overall economic security.

The Bipartisan Infrastructure Law of the Biden-Harris Administration offers $450 million each year in funding for the program from F.Y. 2022 until F.Y. 2026. The $450 million could be supplemented with more program funds as...

https://www.marineinsight.com/shipping-news/u-s-announces-450-million-funding-for-modernising-port-infrastructure/

Leave a Comment

Join Our Newsletter
Enter your email to receive a weekly round-up of shipping news.
icon