NCDOT Maritime Strategy Study
After having declared a "hold" on their pursuit of the Southport megaport proposal on July 21, 2010 in the face of public and political opposition, NCSPA Board Chairman Carl Stewart stated at the time that he and the Port Authority Board remain committed to continue pursuing the Southport megaport proposal at this site in the future. Shortly after the reorganization of the NCSPA under the NC Department of Transportation in March, 2011, the NCDOT announced the development of a Maritime Strategy Study to include, among other issues, reconsideration of the NCIT proposal. In June 26, 2012, the study team released its final report which concluded that investment in the existing ports in Wilmington and Morehead City would be more cost effective than pursuing the megaport at Southport, although it was still included as an alternative. The study estimated the total cost for the megaport, including infrastructure, to be $6.1 billion.
Read more about this topic: North Carolina International Port
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