Port of Miami businesses lobby Scott for dredging projectNews // December 10, 2010
Business leaders at the Port of Miami say Govenor-elect Rick Scott may be able to help them get the money they need for a project to dredge the port's southern channel.
According to local press reports, the project, which would take the depth from 42ft to 50ft, is expected to cost US$150 million. Officials say Miami-Dade County has already put up US$80 million, but they need an additional US$75 million from the federal government before they can proceed.
If the dredging isn't finished by 2014, nearby foreign ports such as Freeport in the Bahamas, which are already at 50ft, will be able to take the Super Post Panamax ships and South Florida could miss out on a major boost to the economy.