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Eddyville riverport receives $2.7M from the state; Investment seek to improve freight capacity, economic activity

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Source: timesleader.net

More state money is coming to Eddyville, according to the Kentucky Transportation Cabinet and Gov. Andy Beshear, who made the announcement on Nov. 12. The Eddyville Riverport and Industrial Development Authority is set to receive approximately $2.7 million, according to a cabinet press release. Roughly $1.95 million — $1,954,101 to be precise — will “supplement previously awarded federal grant funds for new seawall construction and support adjacent warehousing and industrial developments,” the cabinet stated. Another $754,425 will supplement previously awarded state grant funds that were used to “build mooring dolphins to handle additional barges,” the cabinet stated. Beshear said this investment was made by the Kentucky Public Riverport Construction and Maintenance Program “to enhance freight capacity and support economic activity through Kentucky’s waterways.” “Our riverports play a key role in transporting goods across the commonwealth,” said Beshear in the press release.

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