By: Alaska Business
More than $115 million in federal funding will flow to Alaska ports and harbors over the next few years, the largest amount any single state is receiving of the $774 million Port Infrastructure Development Program funding being distributed by the US Department of Transportation this year.
Nationally, the program supports thirty-seven projects at coastal seaports, Great Lakes ports, inland river ports, and ports at US territories. In Alaska, the funding goes to seven projects, from $4.7 million to pay for the engineering and design of a petroleum terminal replacement in Anchorage to $38 million to fund permitting and construction of a new industrial dock in Skagway.
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