Governor Rick Scott announces funding plan for Port of Miami dredging

 07 Mar 2011 10.18am

  • Florida Governor to fund Miami Port dredging

  • Dredging will allow "New Panamax" ships to enter port

Governor of Florida Rick Scott, has announced plans to fully fund the USD$77 million shortfall for the Miami Port dredging project, in order for larger ships to enter the port.

Once the port is dredged to a depth of 50 feet, larger, “New Panamax” ships can load and unload cargo there, enabling the Port of Miami to become a “first port of call” for ships coming through the expanded Panama Canal in 2014.

Funds for the dredging of the port were not in the Presidential budget plans for 2011, as PTI reported earlier this month, so the Governor has taken action by reallocating state transportation funds to pay for the project, which he sees as a prority for state development.

“This is a solid first step toward enhancing Florida’s infrastructure and getting our state ready for a new generation of international trade with South America and beyond,” said Governor Scott. "There are a number of worthy infrastructure projects that deserve our attention, and as Floridians, we know best where our resources should be focused.”

“Today I directed the Florida Department of Transportation to amend their work plan to include $77 million so that Florida can take another leap forward in international trade,” Scott said. “This is the type of infrastructure project that will pay permanent, long-term dividends, and provide a solid return on investment for Florida’s taxpayers.”

Flanked by Senator Marco Rubio, Congressman Mario Diaz-Balart, Congressman David Rivera, and Colombian Ambassador Gabriel Silva, the Governor unveiled his intention to invest in the types of infrastructure projects that have long-term, permanent payoffs. The Port of Miami dredge project is projected to result in 30,000 new jobs for the region in the coming years, according to the Governor's Office.

  Port Planning