Friday, 12 July 2019 09:12

Port of NY & NJ releases 30-year growth plan

568 NY NJ port expansion

 

The Port of New York & New Jersey has rereleased its 30-year plan for growth and development that seeks to meet the demands of growing cargo volumes. The primary objectives of the master plan are to provide opportunities for growth through stakeholder engagement; improve the port’s commercial value by investigating opportunities to maximize lease revenue; to continue to serve as an economic engine for the region; and to promote safe, resilient and environmentally sustainable operations in partnership with its tenants. Release of the master plan comes at a time when the Port of New York and New Jersey is experiencing record cargo growth, which has pushed it into the position of No. 2 in the nation.

 

 

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