Assembly preparing to make major decisions on Port of Alaska's future

KTUU News
By Hank Davis

During a special meeting on Tuesday, members of the Anchorage Assembly will be tasked with finally making a major decision about whether or not to move forward with the construction of an all-new, 40 million dollar petroleum and concrete terminal (PCT) at the Port of Alaska.

The PCT is a major key to executing the long-discussed "Port Modernization Program," which is a sorely needed initiative to restore Anchorage's aging docks; however, the assembly has multiple factors to consider before taking a final vote.

Even with three state grants worth just under $50 million, an additional $100 million would be needed to complete the PCT -- only the first of multiple operations needed to bring the Port of Alaska back up to modern-day shipping standards.

Read Full Story Here:
https://www.ktuu.com/content/news/Assembly-preparing-to-make-major-decisions-on-Port-of-Alaskas-future-513369981.html