Earlier today, the U.S. Army Corps of Engineers released the final report on the Savannah Harbor Expansion Project. The report recommends the deepening of the harbor from 42 feet to 47 feet, and calls the project, “economically viable, environmentally sustainable and in the best interest of the United States.”
The deepening will allow the Port of Savannah to adequately accommodate new, larger ships that will also pass through the refurbished Panama Canal, which opens in 2014.
This announcement is outstanding news for the State of Georgia, as the Port of Savannah is an important economic engine for our overall economy. The cost of the project has been increased to $652 million; however the endorsement by the Corps of Engineers provides an opportunity for more federal funding.
For more information, please see the links below:
Final Report Documents
U.S. Army Corps of Engineers Press Release
Georgia County Government Magazine: All Counties have a Stake in the Future of Georgia’s Ports (March / April 2012 Director’s Desk)
Savannah Morning News: Savannah Harbor to be Deepened to 47 Feet (April 11, 2012)