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Port of Corpus Christi raises $216 million for ship channel expansion

The sale of these bonds will help speed the project along.

Corpus Christi (KIII News) — The Port of Corpus Christi has sold more than $216 million in bonds to be used for their biggest project to date -- the deepening and widening of the Corpus Christi ship channel.

The total cost of the project is said to be around $325 million. The federal government has agreed to pay two-thirds of that cost, but over an extended period of time.

The sale of these bonds will help speed the project along.

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