Kentucky invests $5.7 million in riverport projects to boost waterway economy

Kentucky invests .7 million in riverport projects to boost waterway economy
Jim Gray, Secretary — Kentucky Transportation Cabinet
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Gov. Andy Beshear has announced a $5.7 million investment in 15 public riverport projects across Kentucky. The funds aim to enhance infrastructure and support the growth of the state’s waterways economy.

“This investment is about more than replacing outdated equipment, paving roads and upgrading ports,” said Gov. Beshear. “It’s about driving industry growth, creating good-paying jobs and keeping Kentucky’s transportation network ahead of the curve.”

The funding comes from a $15 million allocation by the Kentucky General Assembly for the newly established Kentucky Public Riverport Construction and Maintenance (KPRCM) grant, approved by Gov. Beshear at the start of 2024. Additional support is provided through the Kentucky Riverport Improvement (KRI) program.

The Water Transportation Advisory Board reviewed project proposals and recommended that the Kentucky Transportation Cabinet (KYTC) approve $5,175,801 for 10 KPRCM projects and $500,000 for five KRI projects. These funds will maintain operations and improve facilities with upgrades such as conveyor replacements, dock enhancements, forklift purchases, barge cell revitalization, and paving.

In August 2024, eight KPRCM projects and eight KRI projects received approval for state riverports. Further grants in January supported equipment replacements and expansions at Greenup-Boyd County Riverport Authority and West Kentucky Regional Riverport Authority.

“Kentucky’s riverports move billions in freight each year,” said KYTC Secretary Jim Gray. “With this investment, we’re reinforcing our position as a central logistics hub for the nation.”

Approved grants focus on improving riverport facilities for new construction or major repairs but exclude routine maintenance activities.

Information from this article can be found here.



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