AIDEA Reports $17 Million Dividend, $1.6 Billion Net Position; Discusses Ambler Project with Senate State Affairs

AIDEA Reports $17 Million Dividend, $1.6 Billion Net Position; Discusses Ambler Project with Senate State Affairs

The Senate State Affairs Committee met today, Jan 27, at 3:30pm to hear from the Alaska Industrial Development and Export Authority (AIDEA). AIDEA’s mission is “to promote, develop, and advance economic growth and diversification in AK by providing various means of financing and investment.”  Democrat Introduced AIDEA Accountability Act Last week, the House State Affairs […] The post AIDEA Reports $17 Million Dividend, $1.6 Billion Net Position;…

AIDEA releases a promotional brochure, claiming this is the $250,000 economic study kept secret for two years

To no one’s surprise, the Alaska Industrial Development & Export Authority claims that a study by Northern Economics portrays AIDEA as a great financial success.The executive summary released Tuesday is not so much a study, however, as a self-promotional brochure that cost the state more than $250,000 and falls short in every respect. Northern Economics finished its study two years ago and was paid in full, but the Dunleavy administration buried…