Business Briefs

N.C. doesn't fund cargo port study

Posted July 2, 2010

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— The new state budget doesn't include any money for an environmental study of a proposed international cargo port near Southport.

The project needed $10 million from the state to match federal funding for the study.

Gov. Beverly Perdue and Thomas Eager, chief executive of the State Ports Authority, initially supported the study, but environmentalists and coastal residents fought against the project.

Lawmakers ultimately decided the port proposal was too expensive and risky.


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  • thx1138 Jul 2, 2010

    Don't see how it would have been economically viable, what with the very well established port of Charleston SC, just 100 miles away, and several other established ports with 250 miles

  • rixida Jul 2, 2010

    the taxpayers cant pay for everything. There is a limit. When you have a budget, you have to prioritize