Illinois International Port District
The Illinois International Port District (IIPD), Chicago, Ill., just lately acquired $24.5 million in funding from the Illinois Department of Transportation (IDOT), Cook County, the State of Illinois, and the City of Chicago to assist rebuild and reestablish very important infrastructure, essential to the worldwide economic system.
IDOT’s Competitive Freight Program Grant, price greater than $15 million, is the second funding the division has made on the port in recent times. Additional funding is predicted although IDOT financial improvement.
“The Illinois International Port District is committed to transporting more cargo than any other port within the Great Lakes region, and the support from IDOT and our other partners will continue to make Illinois a top tier state for years to come and help us remain a symbol of economic growth,” stated Erik Varela, IIPD govt director.
The Competitive Freight Program Grant will help with the reconstruction of Butler Drive, a lifeline to the Lake Calumet Terminal facility. This hyperlink strikes greater than 10 million tons of cargo per yr and permits vehicles to reload cargo alongside the Mississippi River, and finally attain the Gulf of Mexico.
“Illinois is one of the nation’s largest transportation hubs. We’re proud of our ongoing partnership with the port and we expect to see the impact of our investment on the global economy,” stated BJ Murray, part chief of IDOT’s Aviation and Marine Transport Program.
Other companions embrace Duckworth, who labored on allocating an extra $1.2 million in funding to assist rebuild Butler Drive. The City of Chicago, Cook County, and different companions have additionally pledged funds to assist rebuild the highway.
“I am grateful for the County’s partnership with IIPD and their commitment to revitalize large-scale projects such as Butler Drive,” stated Cook County Board President Toni Preckwinkle. “Expanding the Port’s freight capabilities will ultimately make it easier for goods to be transported throughout the county and nation.”
The Illinois International Port District is an Illinois municipal company created to advertise the cargo of cargoes and commerce by way of its practically 2,000 acres of commercial and leisure land on Chicago’s southeast facet. The IIPD contributes greater than $700 million to the economic system per yr by way of its ship and rail ports.
