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Nathan Deal on Local Issues

Republican Governor; previously Representative (GA-10)


$50 million bond package for the Port of Savannah

Another asset is the Port of Savannah, the fourth largest container port in the country and the second largest on the East Coast. As you know, we have worked for many years to expand the Savannah Harbor and deepen the channel in order to allow the larger vessels that will soon be coming through the Panama Canal to dock in our state. We are very pleased that last fall we succeeded in getting a positive Record of Decision from the federal government. This is a major milestone on this project.

My budget includes an additional $50 million in the bond package for this project. This will bring our total state contribution to $231 million. That is almost the state's entire contemplated share of the costs of this project; the remainder of the cost is to be paid by the federal government. While that is a sizable amount of money we expect the benefits to be $5.50 for every dollar spent--Not a bad return on investment!

Source: 2013 State of the State address to Georgia Legislature , Jan 17, 2013

Other governors on Local Issues: Nathan Deal on other issues:

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Page last updated: Jul 02, 2013