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US Department of Transport announces new funding to strengthen port infrastructure
The US Department of Transportation’s Maritime Administration has announced nearly US$450M in newly available grant funding for port-related projects through the Port Infrastructure Development Program (PIDP)
These grants are aimed at helping ports improve their infrastructure by expanding capacity and improving the movement of goods through the US supply chain.
The current programme is the largest investment in port infrastructure in US history. The Bipartisan Infrastructure Law will eventually invest US$17Bn in ports and waterways to modernise infrastructure in these areas.
Transportation Secretary Pete Buttigieg said, “We’re proud to announce this funding to help ports improve their infrastructure — to get goods moving more efficiently and help keep costs under control for American families.”
These grants also meet policy recommendations in DOT’s one-year supply chain report that is focused on improving the movement of goods from ships to shelves.
PIDP grants are awarded on a competitive basis to support projects that will improve the movement of goods to, through and around ports.
Furthermore, the Bipartisan Infrastructure Law encourages applicants to find new ways to include projects that will improve goods’ movement while also strengthening ways to cut emissions.
The Department will host a series of webinars explaining the Port Infrastructure Development Program grant application process, further details will be made available here.
Riviera Maritime Media will provide free technical and operational webinars in 2022. Sign up to attend on our events page
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