31.03.2023
Artikel Nummer: 44526
A long-term agreement at Port of Gulfport
Under a twenty-year term agreement with the Mississippi State Port Authority which came into effect on 23 March 2023, Ports America will invest USD 43 million to develop the vacant Terminal 4 at the Port of Gulfport (Mississippi) into a cargo-handling terminal.
This will not only bring an economic boost to the area, but also new job opportunities. According to Jon Nass, CEO & executive director of the Port of Gulfport, “this partnership will develop 153,781 sqm of currently vacant land in Terminal 4.”
For Matthew Leech, president & CEO of Ports America, the investment will also “allow the port to meet its growing demands for infrastructure development” and “grow its status as a crucial marine terminal transportation hub.” (lh)