The state is investing 40-million dollars in a new inland port project for far southern Illinois.
Governor JB Pritzker is releasing the first four-million towards the project, a river terminal in Cairo, at the confluence of the Mississippi and Ohio Rivers.
“Cairo represents an enormous economic opportunity for investors, the State of Illinois, and for our working families. 80% of inland barge traffic passes by this city every day. That represents a wealth of untapped potential sailing by….but not any longer.”
Senator Dale Fowler says it’s time the struggling community reaped the benefits of the rivers.
“Today we begin the mission of establishing Cairo, Illinois as the nation’s hub for river-port transportation opportunities. Which upon completion be one of the largest economic development investments made in southern Illinois in decades.”
Officials say construction of the new river terminal will create hundreds of jobs as well.