Port of Guam Awarded $2M in Stimulus Funds
Hooray for stimulus packages! Guam needs this too especially with the military build up: more people, more food. Not to mention the fact that I keep hearing about people from Guam moving back to the island. This migration of people will change our census numbers and also change the dynamics we have on the island.
Peter T. Leach | Jun 10, 2009 1:36PM GMT
The Journal of Commerce Online – News Story
The information from the fact-finding activities will be used as the basis for port officials and planners to make decisions on the design, procurement and construction of terminal facilities, systems and components.
The Office of Economic Adjustment awarded the Port Authority of Guam $2 million in federal stimulus funding to bolster its modernization efforts.
The port authority said it will now issue a “Notice to Proceed” to Parsons Brinckerhoff International, which is the agency’s agent/engineer, to move forward with the studies and permits associated with the grant.
The port has already embarked upon a modernization program that calls for nearly $200 million in capital improvement upgrades to the 34-year-old facility and incorporates the port’s updated master plan.
Many projects associated with the modernization program have already been launched to prepare Guam for organic growth along with the anticipated military buildup.
The $2 million will be used to fund a series of fact-finding investigations and studies over the next 12 months to explore and evaluate port development solutions, which are integrated and compatible with the current physical site, environmental, financial and operations constraints.