The cabinet may enter into any and all contracts in its own name for planning, engineering, promotion, and development, consistent with the purposes of KRS 65.510 to 65.530, 139.483, 154.80-100, and 154.80-110 to 154.80-130, and may enter into contracts for these purposes with any local port authority authorized by KRS 65.510 to 65.650 or any other public or private organization.