Governor Abbott Announces Historic $240 Million For Texas Seaports

~ In a historic move, the Texas Transportation Commission has approved $240 million in funding for Texas ports to help increase trade, improve safety, and provide a more robust supply chain for the state and nation. Signed into law by Governor Greg Abbott earlier this year, the Commission approved $200 million for port development and infrastructure projects through the Maritime Infrastructure Program, in addition to $40 million for state highway and other public transportation roadway projects through the Seaport Connectivity Program.

Governor Abbott expressed his gratitude to the Texas Legislature for bringing this legislation to his desk and the Texas Transportation Commission for approving this crucial funding. "Texas ports play a critical role in our state's booming economy, helping Texas continue to drive America's economy and remain a hub for international trade," he said. "This historic investment will not only bolster Texas' ports infrastructure, it will help build a brighter economic future for all Texans."

Lieutenant Governor Dan Patrick also praised the investment in Texas' ports. "Since I became Lieutenant Governor in 2015, I have prioritized improving Texas' ports," he said. "I have created committees on ports and built millions of dollars of funding into the state budget. Investments in our ports enable the Texas economy, the envy of the United States and the world, to continue powering our state forward."

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Speaker Dade Phelan also commented on how this unprecedented funding is great news for Texans. "This historic funding demonstrates my commitment to making key investments that will have lasting impacts on Texas and America," he said. "As the Texas economy continues to thrive, it is essential that the state prioritizes investments toward our ports, roads and rails—and this is an important step toward maintaining that commitment."

Texas Transportation Commissioner Steven Alvis noted how this investment will be critical for port development along Gulf Coast communities. "With the expansion of the Panama Canal, and under Governor Abbott's direction, improving these port facilities along the Texas Gulf Coast helps support this key economic driver for our state and nation," he said.

Texas Department of Transportation (TxDOT) Executive Director Marc Williams added that with two of three largest U.S. ports based on tonnage located in Texas, this investment will benefit not only Texans but also Americans nationwide. "The unprecedented funding commitment by Governor Abbott...serves as a catalyst for job creation, business development, and a more resilient supply chain," he said.

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The funding goes toward 31 projects recommended by Port Authority Advisory Committee after considering project eligibility and merits; 12 projects are allocated $200 million from Maritime Infrastructure Program while 19 projects receive $40 million from Seaport Connectivity Program to improve connectivity near maritime ports as well as enhance safety and relieve congestion in those areas.

In June 2020 Governor Abbott signed Senate Bill 30 authorizing additional funding to bolster Texas ports which contribute $450 billion in economic activity statewide supporting 1.8 million jobs across all sectors of industry including manufacturing services retail trade finance insurance real estate construction transportation warehousing utilities information technology communications energy agriculture forestry fishing mining quarrying hunting trapping etcetera More information on TxDOT Maritime Division's port projects can be found here .

The approval of such an unprecedented amount of money marks an important milestone towards ensuring that Texans have access to safe efficient infrastructure needed to support America's supply chain while promoting continued economic growth throughout all sectors of industry within their state borders

Filed Under: Government, State

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