Philadelphia Regional Port Authority (PRPA)– Marine Cargo Terminal Grant
Vision
Created by an act of the Pennsylvania legislature in 1989 the organization is committed to economic development and job creation through activity that will maximize port-related employment and revenues by promoting the use of the Philadelphia regional port system by Pennsylvania based industries.
Mission
The Philadelphia Regional Port Authority, an independent agency of the Commonwealth of Pennsylvania, has as its primary mission the enhancement of water-borne trade and commerce through the Port of Philadelphia.
Overview
Under Public Law 108-199, as amended, a grant is made to Philadelphia Regional Port Authority to be used solely for the purpose of construction, by and for a Philadelphia-based company established to operate high-speed, advanced- design vessels for the transport of high-value, time-sensitive cargoes in the foreign commerce of the United States, of a marine cargo terminal and IT network for high-speed commercial vessels that is capable of supporting military sealift requirements.
Strategic Imperatives
- PRPA is committed to working in a cooperative spirit with Delaware River ports and City agencies to realize the potential of the regional port system.
- Port cargoes and the activity they generate are critical to the health and vitality of the region because they are responsible for thousands of direct and indirect jobs in the Philadelphia area and throughout Pennsylvania.