Anchorage, AK - The Alaska Chamber believes it is unwise to use scarce State funds to invest in projects when private sector investment is available. We are discouraged that the Attorney General rejected private sector investment in the Titan LNG plant at Pt. Mackenzie particularly from a business that has a successful track record. Hilcorp has built a solid, credible and successful track record in Alaska through its Cook Inlet and North Slope investments.
The State of Alaska needs private sector investment now more than ever. The State's action snubs private investment and sends a clear message to all current and potential future investors, "We don't need or want your investment."
About the Alaska Chamber
The Alaska Chamber, a private, non-profit corporation, operating since 1952, works to promote a positive business environment in Alaska. The Alaska Chamber is the voice of small and large business across the state with a Board of Directors comprised of 80 members representing all regions of the state. For more information visit alaskachamber.com.