New Jersey officials yesterday broke ground on a new $247 million port facility as the South Jersey Port Corp. prepares to issue $56 million of state-appropriation debt in the next few months to help finance site preparations.

The new 190-acre Paulsboro Marine Terminal in southwestern New Jersey will serve as a cargo port. The first phase of the project is set to open in 2012 and officials estimate the development will generate 500 construction jobs and 2,500 direct and indirect jobs once the port begins operations in 2012.

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