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PortMiami–MIA partnership expected to generate $318 million in new revenue, county officials say
Summary
County officials and Port and Airport representatives told the Appropriations Committee that a partnership between PortMiami and Miami International Airport is projected to generate $318 million in new revenue and strengthen the county's cargo competitiveness; the committee approved the item.
Chairwoman Cohen Higgins highlighted an item involving PortMiami and Miami International Airport that county staff said will generate $318 million in new revenue for Miami‑Dade County.
Jimmy Morales, chief operating officer, described the project as a partnership and an economic competitiveness investment that increases refrigerated storage and cargo capacity and strengthens the county's position in freight and cargo markets. "This facility ... provides additional refrigerated storage ... gives us another foot forward in the whole world of cargo and freight that comes to our community," Morales said.
Morales and the chair noted the project combines enterprise department investment and federal support and will position both PortMiami and the airport to be more competitive in cargo business. The committee moved item 3F, seconded and carried; the transcript records the vote as carried and congratulations were offered to departments involved.
The transcript does not include the contract details, timeline, or specific financing documents; Morales described federal funding contributions and department cooperation on the project.
