Guam - Legislation has been introduced to approve and adopt the Port Authority of Guam's 2013 Master Plan Update Report. Committee chairperson Senator Tom Ada and Senator Rory Respicio introduced Bill 283.
According to Ada, the plan update sets a strategy for the port's development over the next 20-years.
He says its guided by goals to meet the service demands of Guam's expected economic growth, assuring the long-term sustainability of the Port's facility, reasonably anticipating the implementation of a reduced military-buildup, and recommends the scale back of capital improvements at the port.
The port master plan also proposes increases to the tariff over the 20-year planning horizon specifically an annual increase of 4% in the first five years followed by an increase of 3.9% from years 6 to 20. A public hearing has been set for March 13.