MIAMI (CBSMiami/AP) — Gov. Rick Scott will be in South Florida Friday to get a better look at the dredging operation at PortMiami.

The dredging is preparing the harbor to handle larger ships that will soon be passing through a remodeled and widened Panama Canal.

Scott plans to hold a news conference Friday after touring the dredge named Terrapin Island. The dredge is deepening the port’s main channel to 50 feet in the next 18 months.

Miami-Dade County officials say the dredge operation will translate into greater trade and thousands of new jobs.

The state is contributing $112 million and Miami-Dade County $108 million for the deepening project.

The plan also calls for several environmental mitigation projects, including restoration of 16 acres of sea grass in Biscayne Bay and creation of nine acres of artificial reef.

(TM and © Copyright 2013 CBS Radio Inc. and its relevant subsidiaries. CBS RADIO and EYE Logo TM and Copyright 2013 CBS Broadcasting Inc. Used under license. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed. The Associated Press contributed to this report.)