Port of New Orleans wants $1 billion in infrastructure
The Port of New Orleans has outlined a $1 billion road map that envisions it with greatly expanded cruise opportunities and more bulk and container cargo, according to cruise officials.
“This is one of the most exciting and challenging times in the Port’s history,†said Port President and CEO Gary LaGrange. He added:
“With the coming expansion of the Panama Canal and booming global trade from emerging economies, the port is well positioned to capture new cargoes, create thousands of jobs, and provide new economic opportunities for the region, state and nation.â€
A 63-page document called “Charting the Future of the Port of New Orleans†defines investments of more than $10.2 billion already on the books for competing ports along the Gulf and East Coasts.
Since the report was completed, the number has risen above $11 billion, said the report, which emphasizes increased competition requires added funds in New Orleans.
Short-term projects for the cruise industry include the development of the Poland Avenue Cruise Terminal. The $6.5 million project would retrofit the existing upriver end of the wharf’s shed. In addition, $16 million is needed to provide both the Poland and Julia Street cruise terminals with enclosed gangways for today’s cruise ships.
Report by David Wilkening
David
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