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US to invest $4bn in port and waterway infrastructure this year

January 20, 2022

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The US Army Corps of Engineers has received $4bn in funding through the new Bipartisan Infrastructure Law for fiscal year 2022 investments to improve ports and waterways.

The funds will enable the Army Corps to initiate projects to expand capacity at key ports, allow passage of larger vessels, and further enhance the country’s ability to move goods. These waterside investments will complement already-announced landside investments at ports and across the goods movement chain.

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