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Home›Business & Finance›Port Projects Included in TIGER VIII
Business & Finance

August 1, 2016 · about 10 years ago

Port Projects Included in TIGER VIII

U.S. Transportation Secretary Anthony Fox has announced 40 awards totaling nearly $500 million in funding for the FY 2016 Transportation Investment Generating Economic Recovery (TIGER) grants. Of the 585 applications submitted totaling $9.3 billion in requests, six awards totaling $61.8 million – or

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U.S. Transportation Secretary Anthony Fox has announced 40 awards totaling nearly $500 million in funding for the FY 2016 Transportation Investment Generating Economic Recovery (TIGER) grants.

Of the 585 applications submitted totaling $9.3 billion in requests, six awards totaling $61.8 million – or about 12.36 percent of the total funding – are going to commercial seaports or projects that directly aid the efficient movement of goods to and from America’s ports.

“ TIGER grants are one of the few federal funding programs available to public port authorities to help them pay for critical infrastructure to move and handle freight more efficiently ,” said American Association of Port Authorities (AAPA) President and CEO Kurt Nagle . “ We’re pleased that a number of port projects were included in the eighth round of TIGER grants just announced, but this year’s grants included few funds for major maritime freight gateways. ”

The six projects receiving awards in TIGER VIII that directly aid the movement of goods through U.S. commercial ports are:

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