Port of Oakland outlines five-year strategic plan

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Port of Oakland outlines five-year strategic plan

The Oakland Board of Port Commissioners has approved the Port’s Strategic Plan for 2025-2030.

The plan outlines a strategy for the next five years, with an emphasis on market expansion, job creation, and modernisation of port infrastructure and operations.

Port of Oakland Commission President, Michael Colbruno, said: “The port is a growing, vibrant centre for regional and international commerce, travel, recreation, and clean energy innovation. The port will continue to leverage its assets for business and economic development, while maximising benefits for our local residents.”

READ: Port of Oakland achieves record shore power usage in 2024

The plan lays forth ambitious goals for the port’s seaport, airport, commercial real estate assets, and publicly owned utilities.

The port’s vision encompasses capturing market growth, modernising infrastructure, transitioning to a zero-emissions facility, building climate resilience, maximising land use value and revenues, expanding workforce training and job development, and supporting local businesses and community economic development.

Danny Wan, Port of Oakland Executive Director, stated: “As we modernise and upgrade the port’s infrastructure, we will capture market growth and create opportunities for jobs.”

Recently, the Port of Oakland published its 2024 TEU figures reporting 2.26 million TEUs moved, which marks a 9.5 per cent rise compared to 2023.

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