Development of the NCIP is expected to take eight to 10 years. It is envisioned as a world-class container terminal, with a capacity of 1.5 million 20-foot equivalent units a year – putting North Carolina's port facilities in the same class as Virginia, South Carolina, Georgia and Alabama for the first time.
The Council of State is required by law to approve real estate transactions made by the Ports Authority. The Council includes the governor, lieutenant governor, and the eight other statewide elected officials. The NCIP property purchase was considered at the Council's regular monthly meeting.
North Carolina's Ports in Wilmington and Morehead City, plus inland terminals in Charlotte and the Piedmont Triad in Greensboro, link the State's consumers, businesses and industry to world markets and serve as magnets attracting business and industry desiring access to these markets.
Cargo handling activities contribute statewide to thousands of jobs and millions of dollars each year in tax revenues.
North Carolina's Ports of Wilmington and Morehead City, plus inland terminals in Charlotte and in the Piedmont Triad at Greensboro, are "ready, willing and able" to serve as competitive alternatives to ports in neighboring states for competitive access to the global markets.
North Carolina State Ports Authority
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