The Massachusetts Port Authority completed a multi-year investment project for the Paul W. Conley Container Terminal at Boston Harbor, raising nearly $850 million for infrastructure improvements and global expansion.
Funding comes from a variety of sources including $217.5 million in federal funding and $350 million from the U.S. Army Corps of Engineers. The terminal will directly connect to 18 new ports, including ones in Southeast Asia and Latin America, according to a Massport press release.
“None of these infrastructure improvements would have been possible without the leadership and support of our Federal, State, and local elected officials and the business community,” Massport CEO Lisa Wieland wrote in a Massport press release.
Charlie Cunnion, vice president of global transportation at the International Forest Products — the largest customer of the Conley Terminal and a partner with the terminal for over 13 years — noted the importance of the port’s expansion in the modern market.