Governor Tate Reeves has announced a proposal for infrastructure investments throughout the state coupled with site development efforts to entice more high-paying jobs from businesses that may locate in Mississippi.
The proposed infrastructure investments represent approximately $1.3 billion in transportation capacity project funding. Projects will be ready to begin construction upon receiving the necessary funds.
Included in the $1.3 billion is an additional investment of $100 million into the Emergency Road and Bridge Repair Program, which all 300 municipalities and 82 counties across Mississippi are eligible to apply for.
“To better position our state for further economic growth, we need to invest in our state’s roads and increase the number of project-ready sites across Mississippi,” Reeves said. “These investments will go an incredibly long way toward giving Mississippi the competitive advantage it needs to land more economic development projects and deliver more high-quality, high-paying jobs for Mississippians.”
The plan also includes $57 million in grants to develop project-ready sites across Mississippi. Once finished, these sites will allow companies to relocate to Mississippi as soon as now. Site-development grants have been approved and will immediately go into effect instantly.
A map showing the investments can be found here.