en.Wedoany.com Reported - The Maryland congressional delegation recently announced a $39,6629 million federal grant to the Maryland Economic Development Corporation for expanding cargo capacity at the Atlantic Trade Point terminal in the Port of Baltimore. The investment will support the development of a new container terminal at Sparrows Point, expected to increase Baltimore’s container handling capacity by 70%, create 1,100 jobs for the International Longshoremen's Association, and generate 7,000 related employment opportunities.

Representative Kweisi Mfume stated: "The new terminal brings high-wage jobs to district residents and strengthens the Port of Baltimore's position as a key commercial gateway for the nation." Senator Chris Van Hollen noted that the funding comes from the Infrastructure Investment and Jobs Act and will support high-wage union jobs while improving port efficiency. Senator Angela Alsobrooks emphasized that the terminal expansion will increase capacity by 25,000 TEUs, driving both local and global economic development.

The funding is part of the U.S. Maritime Administration's fiscal year 2025 Port Infrastructure Development Program, which received $2.25 billion over five years through the Infrastructure Investment and Jobs Act. Governor Wes Moore stated that the expansion will drive economic growth and enhance Maryland's competitiveness. Baltimore County Executive Kathy Klausmeier and Mayor Brandon Scott also affirmed the investment's positive impact on the community and port development.

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