- (a) The Arkansas Port, Intermodal, and Waterway Development Grant Program provides financial assistance to port authorities and intermodal authorities for the purpose of funding port development projects.
(b) The goals of the program are to:
- (1) Provide public funds to build land-side infrastructure; and
- (2) Dredge ports and waterways.
- (c) Funding this infrastructure will provide jobs and competitive transportation costs for moving cargo, thereby minimizing highway congestion, improving safety, and reducing maintenance costs related to Arkansas's highways.
- (d) This program will also allow Arkansas products to reach additional markets.