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Federal grants awarded through FASTLANE programme

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World Cement,


US Department of Transportation Secretary Anthony Foxx has announced that 18 transportation projects in 15 states have been awarded federal grants through the Fostering Advancements in Shipping and Transportation for the Long-Term Advancement of National Efficiencies (FASTLANE) programme.

The inaugural batch of FASTLANE awards, which total to almost US$800 million, include a US$165 million grant toward the Atlantic Gateway project in Virginia, a US$62 million grant to improve US 69/75 in Oklahoma, and a US$44 million grant for the Port of Savannah International Multimodal Connector.

“From eliminating traffic bottlenecks and enhancing port capacity to overhauling a major freight corridor, the 18 inaugural FASTLANE grants will enable people and goods to move more efficiently,” said Foxx.

“These types of investments in our transportation system help to improve our economy and create good-paying jobs,” said Bailey Wood, NSSGA vice president of communications. “When Congress can coalesce around a sustainable source of funding for the Highway Trust Fund, these types of investments can be made more frequently and improve our entire national infrastructure.”

The grants were combined with federal, local, state and private source funding to support $3.6 billion in infrastructure investment.


Adapted from press release by

Read the article online at: https://www.worldcement.com/the-americas/12092016/federal-grants-awarded-through-fastlane-programme-235/


 

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