A tugboat guides a container barge on the Delaware River at the Port of Philadelphia | FreeImages
A tugboat guides a container barge on the Delaware River at the Port of Philadelphia | FreeImages
Philadelphia’s port modernization will continue as earlier investments have been paying off.
Gov. Tom Wolf recently announced that millions of taxpayer dollars will flow to Philadelphia to improve regional economic stability.
“Today I'm announcing a $246 million investment in the Port of Philadelphia's continued success,” Wolf’s office tweeted.
The recent wave of improvements started in 2016 when the governor set aside $300 million for expansion, according to a release.
“The port is an economic driver, not only in Philadelphia, but across the commonwealth,” Wolf said in the release. “The port supports jobs, encourages trade, and builds connections that help businesses and communities across Pennsylvania thrive.
As ports on the West Coast saw backups because of the pandemic, Philadelphia picked up some of the slack in the supply chain, posting record-breaking growth, port figures show.
“This investment in PhilaPort will help solidify Pennsylvania’s preeminence along the Eastern Seaboard in ensuring the smooth transit of essential supplies,” state Sen. Nikil Saval (D-Philadelphia) said in the release. “I applaud Gov. Wolf for his work on behalf of Pennsylvania’s future health and success.”
The port is responsible for thousands of jobs in the area.
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