PANAMA CITY, Fla. (WMBB) — The Port of Panama City is continuing to grow, and leaders of the port authority hosted a dedication for the new East Terminal on Wednesday morning.
The new site is on S. East Ave near the paper mill. This project has been in the works for nearly five years, and the expansion will provide a huge opportunity for growth in the local region.
The new East Terminal project is the largest project the port authority has ever undertaken, costing over $60 million.
“Triumph Gulf Coast put in $10 million, the Florida DOT stood up for $27 million. We so much appreciate the trust and confidence they had in us and making a good investment here,” said Port Executive Director, Wayne Stubbs.