Alaska is known for having some of the most hazardous industries, requiring various types of insurance to protect operations, employees, customers, and the general public.
Combined transportation projects are estimated to total nearly $1 billion, which is approximately half of projected public construction project spending (excluding national defense) across the state.
The most daunting task ahead of AGDC is bringing investors on board and proving to the legislature that the pipeline is economically viable.
For business owners, increasing healthcare costs are squeezing out other investments and limiting growth opportunities. But it is not all bad news; positive things are happening too.
In Alaska, as in a number of other states, abandoned vessels are a huge issue.
Quite a number of advanced-exploration and development projects are underway—some at existing sites and some at newly discovered areas—that may bring even more mines to fruition in the near future.