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January 30, 2012
ANCHORAGE (AP) — The troubled Port of Anchorage expansion project is under new scrutiny with attention being given to whether the design for redoing the port is suitable.
Local and state politicians have become increasingly concerned with the project at the 50-year-old port as costs have escalated and construction problems mounted. About $288 million has been spent on the port expansion project so far. The estimated price tag for the full expansion, which would replace the existing structure and create new berths for bigger ships, now tops $1 billion. That is triple the estimate in 2005.
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