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USA - MARAD Increases Port Infrastructure Grants to $684 Million in 2022

The U.S. Department of Transportation is again doubling the monies to be awarded in 2022 for port infrastructure investments through the Maritime Administration’s (MARAD) Port Infrastructure Development Program.

The U.S. Department of Transportation is again doubling the monies to be awarded in 2022 for port infrastructure investments through the Maritime Administration’s (MARAD) Port Infrastructure Development Program. The additional $234.3 million added to the program is in addition to the $450 million in funding announced earlier this year, which already represented a doubling of funding for projects related to port infrastructure and environmental programs.

The total of $684.3 million in funding for ports infrastructure grants is the highest level of funding ever made available for the program. The grants which are awarded on a competitive basis go to projects that improve the safety, efficiency, and reliability of the movement of goods into, out of, around, or within a port. Coastal seaports, inland river ports, and Great Lakes ports are eligible to receive funding and this year the program was expanded as part of the infrastructure law passed by the U.S. Congress to include projects that reduce or eliminate port-related criteria pollutant or greenhouse gas emissions.

“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,” said Acting Maritime Administrator Lucinda Lessley.

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