Port Miami Finishes Dredging for Panama Canal Expansion


News from Panama / Wednesday, September 23rd, 2015

port-miami

On Friday afternoon, Gov. Rick Scott announced PortMiami had finished its dredging project to ready for larger vessels heading to the Atlantic seaboard after the expansion of the Panama Canal is completed.

The state had invested $112 million in the project after a federal shortfall of $77 million on the project.

“We did not wait on the federal government to fund this important project,” Scott said on Friday. “We stepped up because we want Florida to be a global leader in trade and it’s exciting to see the completion of this project. Even more exciting, is the 33,000 jobs this project will create for families. This week, we also learned that Florida is home to four of the country’s 10 fastest growing ports, and it’s certain that the investment in PortMiami’s infrastructure has better positioned our entire state for continued growth. The completion of the PortMiami deep dredge is historic for all of Florida as PortMiami officially becomes the only major global trade hub south of Virginia capable of handling bigger, more modern post-Panamax ships.”

Miami-Dade County Mayor Carlos Gimenez noted the county invested $108 million in the project.

“The completion of the deep dredge and the intermodal on-dock rail project are a major milestone not only for Miami-Dade County and PortMiami, but for all of Florida because the entire Sunshine State will benefit from increased trade opportunities once the expanded Panama Canal opens in 2016,” Gimenez said. “I thank Gov. Rick Scott, our state legislators, county commissioners and all who advocated for these critical projects. The completion of both projects ensures that PortMiami will remain competitive in the global marketplace.”

Lieutenant Governor Carlos Lopez-Cantera said, “I am proud to celebrate this historic day at PortMiami. By investing in Florida’s ports, we are ensuring that businesses have the transportation infrastructure needed to grow and succeed in our state. I would like to thank everyone involved in PortMiami’s continued development which will bring thousands of new jobs to hardworking Florida families.”