AUSTIN – The Texas Transportation Commission has approved historic funding for Texas ports that will help increase trade, improve safety and provide a more robust supply chain. The funding comes from a bill passed in this year’s 88th Legislative Session, signed by Gov. Greg Abbott.
The Commission approved $200 million, the first funding of its kind in Texas, for port development and infrastructure projects through the Maritime Infrastructure Program. The Commission also approved $40 million for state highway and other public transportation roadway projects through the Seaport Connectivity Program.
“Texas ports play a critical role in our state’s booming economy, helping Texas continue to drive America’s economy and remain a hub for international trade,” said Governor Abbott. “I thank the Texas Legislature for bringing this legislation to my desk and the Texas Transportation Commission for approving this crucial funding to ensure Texas has the infrastructure needed to support America’s supply chain and promote continued economic growth and activity. This historic investment will not only bolster Texas’ ports infrastructure, it will help build a brighter economic future for all Texans.”
Texas ports drive $450 billion in economic activity each year and support 1.8 million Texas jobs.
