By: The Associated Press
Anchorage has been awarded a $25 million grant to assist with upgrades to the Port of Alaska, officials said.
The U.S. Department of Transportation grant will help fund construction of a new $214 million petroleum and cement terminal that is part of a $2 billion modernization project.
An estimated 85% of Alaska’s homes and businesses rely on cargo from the port, which has fallen into disrepair over the years.
State and other federal funds Continue reading