The US Department of Transportation’s (DOT) Maritime Administration (MARAD) has allocated a further $234.3m for the Port Infrastructure Development Programme (PIDP).
With the latest funding, around $684.3m will be available in grants for projects aimed at boosting the safety and efficiency of goods movement ‘into, out of, around or within a port’.
This February, MARAD allocated $450m for the PIDP programme under the Bipartisan Infrastructure Law. It issued a notice of funding opportunity (NOFO) related to the amount.
Now, the additional financing of $234.3m has been added to the NOFO.
In a statement, Acting Maritime Administrator Lucinda Lessley said: “Under President Biden’s leadership, we are making a once-in-a-generation investment in our ports and intermodal infrastructure to move goods faster, strengthen supply chain resiliency, support economic vitality at both the national and regional levels, and address climate change and environmental justice impacts.”
Under the programme, funding will be provided for projects that focus on improving the movement of goods to, through and around ports at coastal seaports, inland river ports and Great Lakes ports.
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The Bipartisan Infrastructure Law, which aims to invest $17bn in US ports and waterways, has also added projects that can cut down or remove port-related criteria pollutants or greenhouse gas emissions.
The US DOT stated: “The $684.3m in funding for FY 2022 PIDP grants is the highest level of funding ever made available for the programme.”
Last December, MARAD announced more than $241m for 25 projects aimed at improving port facilities in 19 states and one territory.