Nearly $3.7 billion is projected to be spent, through state, local and private dollars, over the next five years to handle growing international trade at the majority of Florida seaports, according to a report released by the Florida Ports Council.
The spending outline, which comes as the global economy sputters but Florida’s ports record growth in cargo tonnage and cruise passengers, is a $140 million increase—4 percent—from a projected five-year capital improvement plan released a year ago.
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