Hundreds of Millions of Dollars for Alaskan Deep Water Port
Alaska’s congressional delegation announced on Jan. 19 that the Port of Nome will receive a quarter of a billion dollars for future construction, according to APM.
The significant financial boost for Alaska’s only Arctic deep draft port comes from the Infrastructure Act passed in 2021.
This $250 million has been a long time coming, Senator Lisa Murkowski said.
In the final infrastructure package signed into law in November, $250 million was earmarked for Alaska ports, specifically “remote and subsistence harbor construction.”