A commitment of more than $4 billion by The Port Authority of New York and New Jersey will ensure that the Port is ready to handle projected future volumes and the increasingly larger vessels that will carry that cargo. Terminal operating partners will also continue to make additional investments to modernize their facilities.
The Port Authority is moving forward with both public and private partners, each of whom plays an integral role in the development of infrastructure and services required to serve global trade through the Port of New York and New Jersey in a safe, efficient, and environmentally sustainable manner.
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