NEW ORLEANS (WGNO) — Officials with the Port of New Orleans have announced that the Louisiana Legislature has committed more than $230 million to port infrastructure projects.
According to a news release, the funding will go toward work on the Louisiana International Terminal, the St. Bernard Transportation Corridor and the new downriver container terminal.
Port NOLA leaders said the funding commitment comes following the 2024 regular session for the Louisiana Legislature.
Of the $230.5 million, $150 million will go toward design and construction activities for the Louisiana International Terminal, $50 million will go toward the construction of the St. Bernard Transportation Corridor and $30.5 million will go toward “rehabilitation, planning and construction of the St. Claude Bridge.”
“These critical infrastructure projects will solidify Louisiana’s position as the premier global gateway in the Gulf, ensure thousands of jobs as well as long-term economic growth for the region and state,” said Port NOLA Acting President and CEO and Acting CEO of the
New Orleans Public Belt Railroad Ronald Wendel Jr.
The release states the construction of the Louisiana International Terminal is expected to start in 2025 and open in 2028. The new terminal is expected to bring more than 18,000 jobs to the state by 2050.
Port NOLA leaders said the St. Bernard Transportation Corridor is expected to connect the Louisiana International Terminal with the interstate system.
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