Funding Available for Port Development Projects in NY

Governor Andrew M. Cuomo yesterday announced $27.9 million in state funding is available to preserve and enhance rail and port services in major trade and passenger travel corridors across New York State.

This funding was included in the new $21.1 billion five-year State Transportation Plan under the Governor’s Passenger and Freight Rail Assistance Program.

The program provides support for rail and port projects that enhance safety, alleviate congestion, increase operating capacity, facilitate regional economic development and increase competitiveness.

This funding will improve rail safety and reduce transportation congestion on our roads, bolstering economic competitiveness and encouraging future growth,Governor Cuomo said.

Projects funded through the Passenger and Freight Rail Assistance Program will be selected through a competitive solicitation process and rated based on established criteria that include a cost benefit analysis, adherence to regional economic development plans and compatibility with other private and public investments.

Eligible project activities include: track and bridge rehabilitation, yard, terminal and siding construction, elimination of clearance obstructions, wharf, dock and bulkhead construction, dredging and other projects that enhance economic competitiveness.

The New York State Department of Transportation will be accepting applications for this funding opportunity through November 4, 2016.

 

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3rd International Congress Hydraulic Engineering Structures and Dredging

Russia’s leading maritime industry Media Group PortNews (www.portnews.ru) holds a traditional annual Congress “Hydraulic Engineering Structures and Dredging” in Moscow. 

The two-day Congress includes the 7th International Forum of Dredging Companies and the 3rd Technical Conference “Modern Solutions for Hydraulic Engineering”.

Infrastructure development is among the real sources of Russia’s economy growth. Construction of port facilities and new hydraulic engineering structures on the country’s inland waterways constitute an essential part of all infrastructure projects. It is important to take into account the best international practices to implement these projects effectively.

The program of the Congress will be devoted to the latest technologies for dredging and hydraulic engineering works. Speakers and delegates will refer to real projects to discuss specifics features of dredging works, as well as dedicated fleet and equipment involved.

To learn more about event, please, contact the organizing committee: snitko@portnews.ru

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