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AIDEA approves commercial loan for Wasilla theme park

ANCHORAGE - A state agency has agreed to provide a commercial loan for a company that wants to build a $6 million theme park in Wasilla. The Alaska Industrial Development and Export Authority will lend $5.
Stakeholder to sell holdings in oil rig

ANCHORAGE - The Alaska Industrial Development and Export Authority announced plans Friday to sell its ownership stake in a Cook Inlet rig, which will be transported to South Africa for offshore exploration, pending final approval.
Deal inked for North Slope LNG plant

FAIRBANKS - The effort to truck North Slope natural gas to the Fairbanks area for home heating and electricity generation is closer to fruition.
Alaska Editorial: The start of a shipbuilding partnership in Alaska

The following editorial first appeared in the Ketchikan Daily News: Gov. Sean Parnell told the community over the weekend he plans to build two ferries in the Ketchikan Shipyard and signed a notice of intent to award a contract.
Breakwater next step for Seward's development

ANCHORAGE - The City of Seward is ready to jumpstart development that has been decades in the making. When Gov. Sean Parnell signed the fiscal year 2015 capital budget May 28, Seward was officially awarded $5.9 million from the state to complete its breakwater and begin full-scale work on what the city calls the Seward Marine Industrial Center.
Alaska Editorial: SB99 opens wider opportunities for Southeast Alaska

The following editorial first appeared in the Ketchikan Daily News: One of the most promising economic development opportunities in southern Southeast Alaska is mining.
State plans meetings on Ambler road despite village objections

...said community members did not believe their sentiments were adequately taken into account when the Alaska Industrial Development and Export Authority held a road meeting in the village of Allakaket last year, Nome radio station KNOM reported.The...
Minority Democrats unveil oil tax plan

JUNEAU - Minority Democrats in the Legislature on Monday unveiled their vision of an oil tax system should voters this summer roll back the tax structure lawmakers approved last year.
State | AK legislature
Exploration off 38%, producing mines strong

JUNEAU - Mining is good for Alaska's economy, but while the state's six producing mines are holding up well, and some even expanding, a sharp 38 percent drop in exploration spending last year is having ripple effects.
State | AK legislature
Legislative roundup: Feb. 2, 2014

Sen. Lesil McGuire, R-Anchorage, and Rep. Bob Herron, D-Bethel, introduced companion legislation to create incentives for developers in the Arctic.


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