{"id":13299,"date":"2025-07-16T20:02:32","date_gmt":"2025-07-16T20:02:32","guid":{"rendered":"https:\/\/krogragg.com\/?p=13299"},"modified":"2025-07-16T20:02:32","modified_gmt":"2025-07-16T20:02:32","slug":"louisiana-gateway-port-releases-economic-impact-report","status":"publish","type":"post","link":"https:\/\/krogragg.com\/?p=13299","title":{"rendered":"Louisiana Gateway Port releases economic impact report"},"content":{"rendered":"<p>    Louisiana Gateway Port releases economic impact report<br \/>\n \t<BR><br \/>\n<BR><\/BR><br \/>\n    <!-- no image --><br \/>\n \t<BR><br \/>\n<BR><\/BR><\/p>\n<div>\n<p>The Louisiana Gateway Port (LGP), in Plaquemines Parish, La.,has released its report, \u201cEconomic Impacts of the Louisiana Gateway Port Tenants on the Regional and State Economies.\u201d <\/p>\n<p>The comprehensive analysis highlights LGP\u2019s significant contributions to economic output, job creation, and global trade connectivity.<\/p>\n<figure class=\"wp-block-embed alignleft is-type-wp-embed is-provider-marine-log wp-block-embed-marine-log\">\n<div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"wp-embedded-content\" data-secret=\"djCvxTb8iw\"><p><a href=\"https:\/\/www.marinelog.com\/news\/plaquemines-port-rebrands-as-louisiana-gateway-port\/\">Plaquemines Port rebrands as Louisiana Gateway Port<\/a><\/p><\/blockquote>\n<p><iframe loading=\"lazy\" class=\"wp-embedded-content\" sandbox=\"allow-scripts\" security=\"restricted\" title=\"\u201cPlaquemines Port rebrands as Louisiana Gateway Port\u201d \u2014 Marine Log\" src=\"https:\/\/www.marinelog.com\/news\/plaquemines-port-rebrands-as-louisiana-gateway-port\/embed\/#?secret=TEjZr5GN4o#?secret=djCvxTb8iw\" data-secret=\"djCvxTb8iw\" width=\"600\" height=\"338\" frameborder=\"0\" marginwidth=\"0\" marginheight=\"0\" scrolling=\"no\"><\/iframe>\n<\/div>\n<\/figure>\n<p>Known as the Plaquemines Port and Harbor District until its <a href=\"https:\/\/www.marinelog.com\/news\/plaquemines-port-rebrands-as-louisiana-gateway-port\/%5C\">rebranding <\/a>under its current name in March this year, the Louisiana Gateway Port is located on the first 81 miles of the Mississippi River where the river meets the Gulf.<\/p>\n<p>As a modern multimodal gateway for trade, Louisiana Gateway Port plays a pivotal role in driving growth and fostering economic development. The report highlights LGP\u2019s strategic initiatives, including Venture Global LNG and future marine terminal projects, which are designed to enhance national competitiveness and sustainability.<\/p>\n<p>Key highlights from the report include:<\/p>\n<ul class=\"wp-block-list\">\n<li>$6.5 billion in economic value generated annually<\/li>\n<li>32,015 jobs created with an average wage of $75,134<\/li>\n<li>$136.3 million in annual tax revenue<\/li>\n<\/ul>\n<p>From 2021 to 2024, capital spending by LGP tenants has resulted in:<\/p>\n<ul class=\"wp-block-list\">\n<li>$18.3 billion in sales for Louisiana businesses<\/li>\n<li>$419 million in state revenue<\/li>\n<li>$6 billion in new earnings for Louisiana households<\/li>\n<li>157.4% growth in parish construction employment<\/li>\n<\/ul>\n<p>LGP says its success is closely tied to robust partnerships across the public and private sectors.<\/p>\n<p>\u201cThis report is intended to support informed decision-making, foster collaboration, and affirm our commitment to driving shared prosperity across Louisiana and the broader Gulf of America. We thank our partners for their continued support,\u201d said LGP\u2019s executive director, Charles Tillotson.<\/p>\n<p>With its location on the first 81 miles of the Mississippi River LGP provides water access to more than 20 states. Because there are no bridges along this stretch of the river, there are no air draft issues for ships, a critical issue for the larger vessels now at sea,<\/p>\n<ul class=\"wp-block-list\">\n<li>Prepared by Louisiana economist Dr. Loren Scott, the report can accessed <a href=\"https:\/\/bit.ly\/40gHPv6\">HERE<\/a>\n<\/li>\n<\/ul>\n<p>The post <a href=\"https:\/\/www.marinelog.com\/inland-coastal\/ports-terminals\/louisiana-gateway-port-releases-economic-impact-report\/\">Louisiana Gateway Port releases economic impact report<\/a> appeared first on <a href=\"https:\/\/www.marinelog.com\/\">Marine Log<\/a>.<\/p>\n<\/div>\n<p> \t<BR><br \/>\n <BR><\/BR><br \/>\n    Marine Log Staff<br \/>\n \t<BR><br \/>\n<BR><\/BR><br \/>\n<a href=\"https:\/\/www.marinelog.com\/inland-coastal\/ports-terminals\/louisiana-gateway-port-releases-economic-impact-report\/?utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=louisiana-gateway-port-releases-economic-impact-report\">Go to marinelog<\/a><br \/>\n \t<BR><br \/>\n <BR><\/BR><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Louisiana Gateway Port releases economic impact report The Louisiana Gateway Port (LGP), in Plaquemines Parish, La.,has released its report, \u201cEconomic Impacts of the Louisiana Gateway Port Tenants on the Regional and State Economies.\u201d The comprehensive analysis highlights LGP\u2019s significant contributions to economic output, job creation, and global trade connectivity. Plaquemines Port rebrands as Louisiana Gateway [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5313,5314,192,5312,199,5315,275],"tags":[193],"class_list":["post-13299","post","type-post","status-publish","format-standard","hentry","category-charles-tillotson","category-louisiana-gateway-port","category-marinelog","category-nasdaq-globenewswire","category-news","category-plaquemmines-port","category-ports-terminals","tag-marinelog"],"_links":{"self":[{"href":"https:\/\/krogragg.com\/index.php?rest_route=\/wp\/v2\/posts\/13299"}],"collection":[{"href":"https:\/\/krogragg.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/krogragg.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/krogragg.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/krogragg.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=13299"}],"version-history":[{"count":0,"href":"https:\/\/krogragg.com\/index.php?rest_route=\/wp\/v2\/posts\/13299\/revisions"}],"wp:attachment":[{"href":"https:\/\/krogragg.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=13299"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/krogragg.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=13299"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/krogragg.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=13299"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}