CPRA Releases Fiscal Year 2021 Annual Plan

Image source: CPRA

The Louisiana Coastal Protection and Restoration Authority (CPRA) has released a draft version of the agency’s annual spending plan for Fiscal Year 2021, which runs from July 1, 2020 through June 30, 2021.

The Integrated Ecosystem Restoration & Hurricane Protection in Coastal Louisiana: Fiscal Year 2021 Annual Plan anticipates investing $958 million in Louisiana’s coast. This is the largest spending plan in the history of the State’s coastal program, including a record $718 million allocated toward construction.

“This investment represents 75% of the overall anticipated expenditures of $958 million in the coming fiscal year,” said CPRA Board Chairman Chip Kline, “and the percentage of on-the-ground construction is projected to increase to 81% in FY 2022 and to 89% in FY 2023.”

Kline also said that the increasing number of projects going to construction is due to the culmination of planning, engineering, and design that must be completed before construction funding can be obtained.

Key takeaways from the Fiscal Year 2021 Annual Plan include:

  • 91.6% of total expenditures will go toward project implementation and maintenance;
  • 106 projects are listed as active: 60 in construction, 38 in engineering and design, and eight in planning;
  • 14 active projects are in Southwest Louisiana, 29 in South Central Louisiana, and 63 in Southeast Louisiana;
  • 16 dredging projects are slated for construction, including 76.8 million cubic yards to create or nourish more than 13,000 acres.

 

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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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