The US Department of Transportation (DOT) has announced a Notice of Funding Opportunity (NOFO) to
apply for US$292.7 million in discretionary grants through the new Port
Infrastructure Development Programme, reports the American Journal of
Transportation.
"This major investment will
help strengthen, modernise, and improve our country's maritime systems and
gateway ports," said US Transportation Secretary Elaine Chao.
As the Trump administration
continues to invest in America's infrastructure, this new programme aims to
support public coastal ports by improving the safety, efficiency, or reliability
of goods movement into, out of, or within a port, she said.
Investments in port transportation
infrastructure will be awarded on a competitive basis for projects located
either within the boundary of a coastal seaport, or outside the boundary of a
coastal seaport, and directly relate to port operations or to an intermodal
connection to a port.
The department will evaluate
projects using criteria which include leveraging federal funds, project costs
and benefits, project outcomes, project readiness, and domestic preference. The
department will also consider geographic diversity when selecting grant
recipients.
Source : HKSG.
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