JACKSONVILLE, Fla. -- President Barack Obama chose Jacksonville for a reason. Mister Obama says places like JAXPORT are the key to helping America's economy to rebound.
"I wont wait for Congress," said Obama.
A roaring crowd intently watched the president tout his economic plan, and he said he needs all of Congress to buy in.
"I'm going to welcome ideas from anybody," he said.
The president believes economic recovery begins at places like Jaxport, and he wants to make they're ready for the future.
"Next year, big supertankers are going to start coming through the Panama Canal. We want those supertankers coming right here to Jacksonville," said Obama.
The problem is our port is too shallow for those supertankers to get through, and won't without a dredging project that will cost more than $700 million. Action News asked JAXPORT Chairman Joe York if that project will get federal funding.
"Certainly we're going to be looking to our partners in the federal government for investment into Jaxport so we can continue to compete globally and bring jobs to northeast Florida," said York.
It's a pending plan we found out the International Longshoreman Association is anxious to be a part of.
"The money has a ripple effect, we all know that people are going to buy more houses more cars more everything," said the Executive Vice President Charles Spencer.
The president wants this economic engine to keep running before other competitors shut it down.
"The big businesses are going to go to the places with good roads and good ports," he said, adding that Jacksonville should be that place.
The president sees the long-term growth that can sprout from this pending project and wants Jacksonville to be one of the most successful ports in the nation. Until the planning phase is complete, where the money will come from to make it happen is still up for debate.