Funds Approved for Midland Spaceport Business Park Expansion

midland_international_logoMore infrastructure development is planned for the Spaceport Business Park at the Midland International Air & Space Port.

On Tuesday, the Midland Spaceport Development Corp. (MSDC) approved contracts worth just over $2.4 million to two companies for road and utility improvements.

The Midland Development Corp. (MDC) is funding the expansion with $3 million. The MSDC will repay $2 million of the amount to MDC with funding it is getting from the Texas Spaceport Trust Fund.

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