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The Nexus
BUSINESSJun 25 · 21:58 UTCWHYYSarah Mueller

Delaware officials raid secret fund again to close financial shortfall on Edgemoor port container project

Delaware officials confirmed funding for the Edgemoor container terminal project using unclaimed property to address a $189 million shortfall. The state's contribution increased to $325 million for phase one, with Enstructure providing $225 million and federal funds adding $119 million. The project, aimed at shifting shipping traffic from Philadelphia and New Jersey ports, faces challenges including invalidated permits, court challenges, and rising costs.

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