SHARECOMMENTMORE

TALLAHASSEE, Fla. -- Governor Rick Scott approved $14.8 million in bond funding for JAXPORT on Tuesday.

The money will go towards Blount Island terminal improvements, wharf rehabilitation, tenant building improvements, rail improvements and drainage upgrades and repairs.

The approval was a portion of the $150 million that Gov. Scott and members of the Florida Cabinet approved to finance projects at Florida ports.

Port Everglades, PortMiami, Port Manatee and Port Panama City also received project funding approval.

"This $150 million investment in Florida ports will strengthen Florida's role as a hub for global commerce. Florida's ports support international trade and domestic manufacturing, and create jobs for Florida families. With this investment, we will continue to position Florida as a leader in global trade and commerce," said Scott.

In total, 16 projects willbe funded under bond proceeds.