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Illinois Funding Seeds Plan for Inland Port in Cairo
The State of Illinois will provide $40 million through the Rebuild Illinois capital plan to anchor a public-private partnership that will construct a new inland port in Cairo, IL at the confluence of the Mississippi and Ohio Rivers. Representing one of the largest investments in Southern Illinois in decades, the port project is intended to position Cairo as a national hub for the US shipping and logistics industry.
Eighty percent of the nation’s inland barge traffic travels past Cairo, which is also served by three major Interstate highways and Class 1 rail lines. Major logistics and commodities businesses have already committed to using the new port to move crops, container shipments and bulk products.
“The Cairo Alexander Port will provide a resource that American industry needs, and will create economic growth and good jobs for Southern Illinois in the process,” said Larry Klein, chairman of the Alexander Cairo Port District.
For comments, questions or concerns, please contact Paul Bubny
- ◦Financing
- ◦Development
