Port of Houston to invest $333M through 2018

There’s a corner of Houston that’s driving industrial development, hundreds of millions of dollars in capital projects and keeping the city’s economy upright amid a prolonged oil slump. Soon, it’s expected to benefit from a major boost in export volume.

Port of Houston expects to invest $333 million in capital projects throughout 2017 and 2018, according to a North American shipping report from Chicago-based JLL. These projects include cranes needed following the Panama Canal expansion, per the report.

Click to read more at Houston Business Journal.