Guam - One down two more to go. The ribbon was cut this morning for the completion of the Port Authority's container freight station building. The project is Phase I of three to modernize the Port.
MARAD executive director Joel Szab said, "18 months from now, you will have completed a port, a port that is vital for the success of Guam and that will, when the work is done, increase the capacity of the port by 50 percent and the throughput of the port by three times what it is today."
Phase I of the project cost just under $899,000 and was completed by Pro Pacific Builders. The Port modernization project is funded through a $50 million grant and partnership between the Port and the U.S Maritime Administration.