The Port of New Orleans (Port NOLA) has issued a Request for Proposals (RFP) for Programme Management/Programme Controls Services for the development of the Louisiana International Terminal (LIT), a new facility capable of handling two million TEU annually.
In a statement, the approximately 350-acre container terminal with a 3,500 linear ft wharf is situated within more than 1,000 acres of developable greenfield property.
The site, located within the federal government’s $14 billion flood protection system, also features naturally deep-draft riverfront acreage, a 50-foot Mississippi River Channel, documented ability to navigate ships with a capacity up to 23,000 TEU, access to six Class I railroads through New Orleans Public Belt Railroad and interstate highways.
The location also has the ability to grow Port NOLA’s container-on-barge service, a partnership with the Port of Baton Rouge and Seacor Marine.
Adjacent acreage will enhance the project’s economic impact with space to accommodate distribution centers, value-added and logistics-related businesses, buffer operations from the community, and encompass community enhancement projects.
The estimated $1.5 billion project, with an intended opening in 2027, will require public-private partnerships.
Current and prospective industry partners, including terminal operators, carriers, and others have expressed serious interest in potential financial participation in the LIT development.
Port NOLA is developing a comprehensive RFP for a development partner and expects to begin the procurement process within the next few months.
Brandy D. Christian, President and CEO of the Port of New Orleans and CEO of the New Orleans Public Belt Railroad, said, “This RFP represents tangible progress toward maintaining our gateway’s continued competitive advantage and building on Port NOLA’s 50-year history as Louisiana’s only international container port.
“A second terminal ensures we will be able to meet current and future container volume demand and continue to serve Louisiana as an economic driver, creating new jobs and unmatched opportunities for private sector businesses.”