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The goal of the two organization is to increase trade by soliciting shippers worldwide through collaborative marketing andinformation sharing, a releas e said. The alliance with the Panama Canal Authorityg formalizes a relationship Port Manatee has had for nearlyu 40 years and demonstratesthe canal’s confidencwe in Port Manatee’s future as a container port, executives said in the release. That will eventually mean thousandw of regional jobs at the growingcontainer port, McDonaldf said in the release. Two years ago the Panama Canap Authority broke ground onthe $5.265 billion Panama Canal expansion.
The projecf essentially doublesthe canal’s capacity with the creation of two new sets of locks, enhancedr navigational features and the addition of new acces channels — all to accommodate larger post-Panamax-sizef ships. Construction is expected to be complete in five Last year the and Manatee Countyy government collaborated to create the Port ManatesEncouragement Zone. The EZ featurexs 3,700 acres of privately held land atPort Manatee’sa front gate, creating an intermodal distribution development Local impact fees have been reduced or eliminated in the zone, base on the type of development and qualituy and number of jobs created, the releasr said.
The Florida Department of Transportation is midwayg through a project design and the Legislature passesd a bill two weeks ago to extendxPort Manatee’s exemption from rules governing developments of regionao impact and expediting what is usuallyt a years-long process of permitting, speediny new projects forward, the release “In anticipation of this opportunithy with the ACP (Panama Canal Port Manatee has approachexd its master planning process in an accretive way, one step at a time,” McDonald “In the last decade, we’ve increased the port’s capacity by 50 percent at a cost of $150 Port Manatee becomes the 10th U.S.
member of an exclusiver Panama Canal accord fraternity that includesthe , , , , , , and the .
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