PortandTerminal.com, July 15, 2019
The Port Authority of New York and New Jersey has unveiled its “Port Master Plan 2050”. Their plan outlines a roadmap of land-use and infrastructure development projects at the port for the next 30 years.
NEW YORK – The Port Authority of New York and New Jersey has unveiled its “Port Master Plan 2050” which outlines a roadmap of land-use and infrastructure development projects at the port for the next 30 years.
The Master Plan’s 5 guiding principles :
- Ensuring sustainability and resiliency in all operations and future developments
- Promoting regional economic generation
- Establishing state of the art facilities
- Providing a platform for the partnership for all local stakeholders
- Shaping future growth for the region
Executive director Rick Cotton
Port Authority executive director Rick Cotton said: “This plan lays out a clearly defined roadmap for the future, one that integrates new technology into port operations, provides for more efficient movement of cargo and makes strategic decisions about the future composition of port property.
“This new master plan provides a vision that we believe will drive future cargo growth and the jobs and economic benefits it provides for the region.”
Record cargo growth
The Port of New York and New Jersey is experiencing record cargo growth, surpassing the Port of Long Beach to become the nation’s second largest port for the first time in two decades. It’s a huge milestone.
During the first five months of 2019, it has set a new all-time record during that period handling 3.04m teu.
The 30-year plan builds upon earlier planning work in the 1990s that led to the deepening of port channels to 50 ft, the raising of the Bayonne Bridge, container terminal expansions and completion of the port’s US$600m ExpressRail network.
Chairman of the Port Authority Kevin O’Toole
Chairman of the Port Authority Kevin O’Toole said: “Our predecessors had the foresight to clearly understand the value of the port to regional jobs and economic activity and made substantial investments that today are paying huge dividends.
“This plan will continue the momentum we have built and drive this port to new heights that two decades ago would have seemed impossible to achieve.”
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