Governor Rick Scott today announced that the $1.9 million Port of Panama City Intermodal Distribution Center project will receive a $900,000 grant from the Florida Department of Transportation (FDOT). The Port Panama City Port Authority (PCPA) is prepared to build access roads, lay-down area and 20 car rail intermodal cargo transfer facility with adequate setback to support transfer of bulk products between rail and truck.
Governor Scott said, "I'm committed to ensuring that our transportation projects create more job opportunities for Florida families - and this $900,000 investment for the Port of Panama City will create more opportunities for families in the region."
This $900,000 investment is among the first four grants for the Intermodal Logistics Center (ILC) Infrastructure Support Program. This program provides an annual allocation of $5,000,000 with a 50 percent matching fund requirement from applicants.
ILCs play a significant role in expanding our trade and logistics infrastructure by enhancing the state's seaports, airports, railroads, and supporting intermodal highway connectors.
FDOT Secretary Ananth Prasad said, "The Intermodal Logistics Center (ILC) Infrastructure Support Program is an important part of the department's commitment to support freight growth in Florida. By enhancing our trade and logistics infrastructure we will create job opportunities and strengthen Florida's economy."
Port of Panama City Executive Port Director Wayne Stubbs said, "The bulk transfer facility is a key component of the Port's Intermodal Distribution Center. The ability to transfer dry and liquid bulk products between rail and truck provides additional transportation efficiency for the Port and for the region."
FDOT selected four projects to fund from a total of eight applications received in the FY 2012/2013 funding cycle. The other three selected projects include Keystone ILC Terminal (Jacksonville), South Florida Logistics Center (Miami), and Port Manatee Commerce Center (Palmetto). All four selected projects support and create a total of 1,213 direct and indirect jobs.
Information provided by Gov. Rick Scott's Office