The Port of Houston in Texas has officially adopted its 2026 budget, including a $569 million capital plan investing heavily in container terminals.
The budget’s capital overview categorized projected spending across five categories for the coming year. These include:
- Strategic projects – $268 million.
- Recapitalization – $217 million.
- Houston Ship Channel Expansion awards – $35 million.
- Channel maintenance – $34 million.
- Additional projects – $15 million.
Notable projects featured in the plan will include building an access road, multiple wharves and installing cranes. Additional work will incorporate maintenance dredge projects, procurement of maintenance equipment and construction materials testing.
The capital plan’s largest singular investment will go toward the development of the Bayport and Barbours Cut container terminals. The port will also prioritize developing channels, enhancing port security, integrating IT technologies and renovating multi-purpose facilities.
During the budget approval meeting, the port commission elected to adopt a proposed amendment to the Strategic Plan 2025 alongside a cost-share agreement with the U.S. Army Corps of Engineers to begin a navigation feasibility study for the next Houston Ship Channel Improvement project. The commission also approved tariff changes for the upcoming year to promote reinvestment and adapt to market conditions.
Photo by Samuel Wölfl from Pexels
For more of the latest from the expansive government marketplace, check Government Market News daily for new stories, insights and profiles from public sector professionals. Check out our national contracting newsletter here.
