Governor Pushes for Ogdensburg Port Dredging

Business & Finance

Governor Andrew M. Cuomo yesterday presented his “2015 Opportunity Agenda” at the Empire State Plaza Convention Center in Albany.

The Governor’s agenda is designed to restore economic opportunity, improve and reform the education system, and restore the public’s confidence and trust in the justice system.

This plan is a bold and comprehensive package of legislative reforms, state actions, and public investments that will increase opportunity for all New Yorkers and keep the State moving forward.

In order for the state to continue undertaking transformative infrastructure projects, Governor Cuomo will provide $65 million for enhanced infrastructure funding in New York State.

Funding will support a statewide initiative to finance large-scale, complex infrastructure projects across the State and mobilize innovative project delivery methods, including design-build and public private partnerships.

The state will provide resources as follows:

– $40 million to the Port of Oswego to link with the Port of New York and creating additional intermodal rail yards in Syracuse and Binghamton;

– $15 million for the Port of Albany for enhancements to ensure Upstate New York is ready to handle the projected increase in volume of containerized cargo resulting from the Panama Canal expansion of 2016. The State’s investments will support improvements to the Port’s southern dock to expand shipping capacity and serve grain operations;

– $10 million to the Port of Ogdensburg for improvements to the port’s facilities and equipment, including harbor deepening to accommodate larger ships and expanded grain and salt storage.

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Press Release