The Arctic Economic Council is happy to welcome Ukpeaġvik Iñupiat Corporation as a valuable addition to the AEC as a new Northern Partner.
Ukpeaġvik Iñupiat Corporation (UIC) is the Alaska Native Village Corporation for Barrow, Alaska and provides social and economic resources to over 2,900 shareholders and their descendants. Since its establishment, UIC has diversified its investments and consistently ranks among the top-10 largest Alaskan-owned companies. UIC employs more than 3000 people and provides services to clients in a variety of industries, including operations in Barrow; construction; architecture and engineering; regulatory consulting; information technology; marine operations; and maintenance and manufacturing.
Commenting on the reasons why the UIC wanted to join the AEC, UIC Corporate Director of Arctic Business Releations, Ms. Kristina Baiborodova states:
“Barrow, the home to UIC, is the eleventh northernmost community in the world and the northernmost city in the United States. It is located in the North Slope Borough, America’s farthest north municipal government and it is very important for UIC to promote it as a “Hub of the American Arctic.” UIC is continuing to work on maximizing integrated involvement and maintaining a leadership role in business development in the Arctic. We want to work together with other Arctic nations to explore partnership opportunities, shipping and resource development, communications and connections, business strategies, and joint venture plans that will increase knowledge and economic growth in the Arctic. Arctic investment is a responsible thing to do for our future generations and we strongly agree that outside investment with inside support is the key for Arctic infrastructure development.”
To find out more about membership opportunities with the AEC, see here.