The Ports of Louisiana Five-Year Capital Improvement Plan (2007-2011)

A Luncheon Briefing By Joe Accardo, Jr. Executive Director Ports Association of Louisiana Robert J. Scafidel Executive Director St. Bernard Port, Harbor & Terminal District and President, Ports Association of Louisiana Gary P. LaGrange President & CEO Port of New Orleans Tuesday, April 17, 2007 12:00 Noon (11:30 a.m. light lunch buffet) 29th Floor Executive Office 2 Canal Street, WTC (Free validated parking in the WTC Garage)

The Ports Association of Louisiana (PAL) has released a report entitled 2007-2011 Five-Year Capital Improvement Plan, which addresses the needs and planned future capital improvements for Louisiana’s ports. This report provides a solid framework for future capital investment.

PAL commissioned this study in an effort to develop an independent, comprehensive and objective view of the historical sources of funding for ports and the immediate and anticipated future capital improvement needs which will be required by Louisiana’s ports over the next 5-year period. In addition to addressing capital needs, the report also reviews the competitiveness of Louisiana ports with neighboring U.S. Gulf states, and provides a projection of future capital improvements for Louisiana’s ports.

The results of the study indicate that for Louisiana ports to remain competitive over the next five years, they will need to construct 104 projects with a combined cost of $849 million. Historically, ports have funded maritime projects from numerous state, local, and federal funding sources with the majority of the funding provided by the ports themselves. However, to meet the funding needs identified in the study, the ports will have to seek and secure $73 million annually in additional funds based on the past level of contribution from historical funding sources.

The Ports Association of Louisiana represents 31 ports located throughout the state. PAL considers this study to be the first step in developing a strategic plan for the ports of Louisiana. At the present time PAL is making a major effort to bring together the Louisiana Department of Transportation and Development, the Louisiana Department of Economic Development, and the U.S. Department of Commerce, Economic Development Administration to assist in funding this strategic plan.

PAL Five-Year Capital Improvement Plan 2007-2011

Sponsoring Organizations City of New Orleans Louisiana Economic Development Port of New Orleans Ports Association of Louisiana World Trade Center of New Orleans

In Cooperation With

Ark-La-Tex Regional Export & Technology Center
Baton Rouge Center for World Affairs
Consular Corps of New Orleans
Hispanic Chamber of Commerce of Louisiana
International Freight Forwarders and Customs Brokers Association
International Trade Council/Red River Region
Jefferson Chamber
Le Centre International de Lafayette
Louisiana District Export Council
Louisiana International Trade Center/SBDC
Louisiana Tax Free Shopping
Louisiana Technology Council
Loyola College of Business Administration
New Orleans Chamber of Commerce
New Orleans U.S. Export Assistance Center
Propeller Club, Port of New Orleans
World Affairs Council of New Orleans
World Trade Club of Greater New Orleans

 

Cost: $30 for members of the sponsoring   organizations and companies. $35 for non-members. Registration and prepayment are required by April 13, 10:00 a.m. (cancellation notice required by April 13, 10:00 a.m.)

If you are a WTC member, the registration fee can be charged to your account number noted on the registration form. 

All registrations on this site are done over a Secure Socket Layer (SSL) line.

Click here for driving directions to the WTC and hotels in the vicinity.