Port drilling down infusion of funds - KUAM.com-KUAM News: On Air. Online. On Demand.

Port drilling down infusion of funds

Posted: Updated:

by Mindy Aguon

Guam - The Port Authority of Guam will be providing an informational briefing on its efforts to secure grants and similar funding as they attempt to move forward with modernization efforts. The agency is expecting a $50 million appropriation from the Department of Defense matched with a $54.5 million loan from the U.S. Department of Agriculture.

Port officials are also working to identify other funding mechanisms to implement the modernization plan necessary for the impending military buildup. The briefing is scheduled for tomorrow evening beginning at 6pm at the Guam Legislature's Public Hearing Room.

  • NEWS HEADLINESMore>>

  • Guam now in COR1, closest point of approach is tonight

    Guam now in COR1, closest point of approach is tonight

    Acting Governor Joshua F. Tenorio has placed Guam in Condition of Readiness (COR) 1 as of 12 p.m. COR 1 means damaging winds are expected or have already arrived. The island is forecast to experience heavy flooding, especially in low-lying areas. A flash More >>
    Acting Governor Joshua F. Tenorio has placed Guam in Condition of Readiness (COR) 1 as of 12 p.m. COR 1 means damaging winds are expected or have already arrived. The island is forecast to experience heavy flooding, especially in low-lying areas. A flash More >>
  • Guam will move to COR1 no later than 1pm Saturday

    Guam will move to COR1 no later than 1pm Saturday

    Guam will be placed in Condition of Readiness 1 no later than 1:00pm Saturday. At COR1 damaging winds are expected. A tropical storm warning remains in effect for Guam and Rota. On its current track, Wutip is forecasted to make its closest point of approaMore >>
    Guam will be placed in Condition of Readiness 1 no later than 1:00pm Saturday. At COR1 damaging winds are expected. A tropical storm warning remains in effect for Guam and Rota. On its current track, Wutip is forecasted to make its closest point of approaMore >>
  • Marine base on track with approved H-2B workers, officer in charge won't speak on possible funding loss

    Navy rep says Marine base on track with approved H-2B workers, won't speak on possible funding loss

    Military construction projects continue to ramp up in preparation for the eventual relocation of some 5,000 marines from Okinawa. The U.S. and Japanese governments have committed billions of dollars to the move, and the military officer in charge of the cMore >>
    Military construction projects continue to ramp up in preparation for the eventual relocation of some 5,000 marines from Okinawa. The U.S. and Japanese governments have committed billions of dollars to the move, and the military officer in charge of the cMore >>
Powered by Frankly