Mission to promote development of deep-water ports

 

NEW LONDON — Gov. Dannel P. Malloy has signed into law legislation that creates the Connecticut Port Authority (CPA), which will act as a quasi-public agency to market and coordinate the development of the state’s ports and maritime economy. The legislation was passed by both chambers of the General Assembly in May.

 

Governed by a 15-member board, the CPA's primary role will be to coordinate port and maritime economic development, establish a statewide port marketing strategy and serve as the lead agency in seeking federal and state funding for such infrastructure improvements as dredging.

 

“Connecticut's three deep water ports in New London, New Haven and Bridgeport are important assets for attracting investment, expanding business development and creating jobs, all of which are keys to our economic recovery,” said Malloy at the signing ceremony. “With this new structure in place, a renewed focus at the State level and a comprehensive strategy that will be driven by the new Port Authority, I am more confident than ever that Connecticut's ports will be in a stronger position to attract more private investment and import and export business while also taking trucks off of our congested highways and driving job growth around the state.”

 

The new authority will be established October 1, 2015.

 

“With our new Port Authority structure in place, we can begin to turn our underutilized deep water ports into commercial hubs that will create new business markets along our coast and help spur economic growth throughout our state,” said House Speaker Brendan Sharkey (D-88) of Hamden. “Not only does our unique location between New York and Boston present new market opportunities, but more cargo on the water means less traffic on our highways.”

 

“Our ports are important intermodal gateways to Connecticut and New England highways and rail lines moving an array of consumer goods such as lumber, steel, salt and petroleum products,” said state Transportation Commissioner James P. Redeker. “With a smart, coordinated marketing and promotional plan, we will be in a position to attract more business and further boost the regional economy.”