Indiana Ranks No. 1 for Infrastructure in Top States for Business Report

This marks the sixth consecutive 12 months Indiana has ranked within the prime 5.

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INDIANAPOLIS – Indiana has been ranked No. 1 for infrastructure in CNBC’s 2022 High States for Enterprise annual rankings. This marks the sixth consecutive 12 months Indiana has been ranked within the prime 5, together with No. 1 rankings in 2016 and 2019.

“Indiana continues to draw nationwide and world consideration for main the best way in offering high quality infrastructure for residents and companies,” Gov. Eric J. Holcomb mentioned. “This No. 1 rating affirms our strategy to creating strategic investments in transformative initiatives, our sturdy dedication to caring for what we’ve, and our shut collaboration with native communities and personal companions. I’m wanting ahead to constructing on our momentum to additional leverage our aggressive benefit on infrastructure.”

CNBC analyzed the sustainability of every state’s roads and bridges, together with utilities, different journey means, and potential growth. Based on CNBC’s evaluation, Indiana had an infrastructure rating of 274 out of 380 factors, resulting in an A+ grade.

Indiana’s latest infrastructure accomplishments embody:

• 20-year, absolutely funded Subsequent Stage Roads plan to deal with present roads and bridges, end main initiatives, and plan for the longer term
• Development of the I-69 extension from Evansville to Indianapolis, together with a $600 million funding to speed up completion of the ultimate part by three years from 2027 to 2024
• Greater than $1 billion invested in delivering the biggest public transit initiatives in Indiana historical past: The West Lake extension and double monitoring of the South Shore Line will join Hoosiers, entice expertise and enterprise, and enhance high quality of life in Northwest Indiana
• $100 million to deliver inexpensive high-speed fiber optic broadband entry to unserved and underserved areas of the state
• $90 million to attach extra Hoosiers to climbing, biking, and driving trails

“Due to ahead pondering management from Gov. Holcomb and the Common Meeting, Indiana is capitalizing on long-term, sustainable funding to make transformative investments in infrastructure,” INDOT Commissioner Mike Smith mentioned. “Constructing out and sustaining our highways, native roads, trails and sidewalks together with enhancing our airports, transit techniques and broadband community are very important to creating Indiana a good higher place to dwell, work, play, and study.”

Click on right here for extra data on Indiana’s unprecedented funding in infrastructure.