Port Tampa Bay has secured a $19.8 million grant as part of the US Department of Transportation’s INFRA Grant program. The grant will be used to expand the port’s container complex with the construction of a new, 1,300-foot-long berth and a 30-acre container yard.
Florida importers and exporters, manufacturers and other producers will benefit, and there are considerable emissions reductions, improved safety measures and other economic benefits.
Paul Anderson, president and chief executive officer, Port Tampa Bay, commented: “This grant, combined with Port Tampa Bay and Florida’s investment, will provide long term-term benefits for the logistics supply chain as Florida’s population growth continues to grow. I want to thank Department of Transportation Secretary Elaine Chao for awarding our port the INFRA grant so that we can continue to expand service to our community and region,”
This project is Port Tampa Bay’s top priority and is a project of regional and national significance. In addition to the INFRA grant, the project will be completed with funding from the state, federal government, and the port.
Port Tampa Bay has seen unprecedented expansion in our containerised cargo business lines recently, and this project will complement that growth. These funds will be used to expand our container capacity by 60 percent, increase the number of deep draft container vessels the port can receive, improve efficiency with a state-of-the-art truck gate, and improve rail access. As we celebrate 75 years of consistent growth and success at Port Tampa Bay, projects like this will continue to provide generational impacts for our region.