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MarAd Announces Record Port Grant Funding
| 题名： | MarAd Announces Record Port Grant Funding |
| 正文语种： | eng |
| 作者： | JIM MYERS |
| 摘要： | Washington, D.C.-A record investment of nearly $450 million in available grant funding through the Port Infrastructure Development Program (PIDP) has been announced by the Maritime Administration (MarAd). Made possible by the historic Bipartisan Infrastructure Law that included $17 billion for ports and waterways, MarAd said, the grants can help ports expand capacity and improve the movement of goods through supply chains. They nearly double the last year's investment in PIDP for states and authorities. MarAd stated the grants demonstrate continued action on commitments in the Biden administrations Port Action Plan, which will strengthen supply chains to meet demand resulting from the rapid economic recovery over the past year and help address inflationary pressures. The Transportation Department's one-year supply chain report focused on improving the movement of goods from ships to shelves was scheduled to be released soon after the PIDP announcement. MarAd's announcement followed by two months the award of more than $241 million in grant funding for 25 projects to improve port facilities in 19 states and one territory through PIDP. "President Biden is leading the largest ever federal investment in modernizing our country's ports, which will improve our supply chains and the lives of Americans who depend on them," Transportation Secretary Pete Buttigieg said. The deadline to submit an application for the Port Infrastructure Development Program is May 16. |
| 出版年： | 2022 |
| 期刊名称： | The Waterways Jouranl |
| 卷： | 135 |
| 期： | 46 |
| 页码： | 3-4 |
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