Port Funds Dry Up

No major funds are included in the Obama administration’s fiscal 2012 budget for deepening the harbor at the Port of Savannah.

The federal budget was released Monday and failed to include a $105 million appropriation requested by the Georgia Ports Authority, but the spending plan did authorize $600,000 for pre-construction funding.

Port officials are working on a $600 million deepening project to prepare Savannah Harbor to receive larger ships that will pass through the Panama Canal after it doubles capacity through a current expansion project, which will be completed in 2014.

Georgia has already spent $100 million on the project and Gov. Nathan Deal allocated $32 million of bonds in fiscal 2012 when he unveiled his first budget in early January.

Deal, a Republican, said the state had done its part in funding the project and he had hoped for a “much greater show of support from the president.”

“Georgia and the Southeast greatly need this project, and the federal government has a constitutional authority and responsibility to pay for waterways and ports,” Deal said in a statement.

“Recognizing the national importance of this project, the federal government needs to carry its weight here to strengthen American competitiveness, and I will work closely with our congressional delegation to get the funding we need to move forward.”

Deal said the Savannah project would “jump-start massive job creation in the private sector.”

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Transportation industry
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