Thursday, July 8, 2010
The second phase will direct resources towards the construction of upland facilities, including the construction of a water storage tank, which will represent an estimated additional $250 million in private investment.
The Paulsboro Port Development Program will create new economic and employment opportunities for the Borough and the surrounding region. The result will be an improved site with the first new public port on the Delaware River in 35 years that will feature a modern portal facility, a solar power facility, and an industrial park, all contributing to the long-term economic recovery of the region. In addition, this project will enable the State of New Jersey to become a prominent player in port business, and maintain a competitive position by providing state-of-the-art facilities and services to the region and internationally.
It will allow the South Jersey Port Corporation, which lacks adequate space for future expansion of its Camden facilities, to double the level of port activity and maintain a competitive edge for New Jersey and other port facilities in the Region.
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