South Carolina OKs $146.9 Million for Port Investments
The port authority projects 8% increase in cargo volume.
The South Carolina State Ports Authority approved $146.9 million in capital spending during its fiscal year beginning July 1 and forecast Charleston’s container volume will rise 8 percent during the next 12 months.
The port authority’s capital spending plan would be the largest in the agency’s 70-year history. It includes major investments such as construction of the new Navy Base Terminal and upgrades to facility infrastructure and information systems.
