The U.S. Economic Development Administration said it intends to award $43.1 million in disaster-supplemental funding to the Wrangell Industry Transformation Coalition. The proposal would build a maritime industrial hub, install a floating dock able to serve large vessels and tourism traffic, and improve the water system used by local industries.
The agency described the funding as an intended award rather than a completed investment. It said the project responds to a 2023 landslide and is expected to create hundreds of jobs, but did not provide a precise job count or completion schedule in the announcement.
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