US Gulfport gets $600m for expansion
The US Department of Housing and Urban Development approved a state plan to spend US$600 million in grants on the Port of Gulfport.
The money will be used to repair and expand the Port of Gulfport, the third-busiest container port along the Gulf of Mexico.
The money is part of $5.5 billion in HUD Community Development Block Grants approved by Congress after Hurricane Katrina. The Mississippi Development Authority, which answers to Barbour, is charged with administering the grants.
The 210-acre expansion features a new shipping terminal and channel as well as three new casinos and as many as 3,000 hotel rooms.
The money will be used to repair and expand the Port of Gulfport, the third-busiest container port along the Gulf of Mexico.
The money is part of $5.5 billion in HUD Community Development Block Grants approved by Congress after Hurricane Katrina. The Mississippi Development Authority, which answers to Barbour, is charged with administering the grants.
The 210-acre expansion features a new shipping terminal and channel as well as three new casinos and as many as 3,000 hotel rooms.