Gov. Reeves announces $110 million investment for ‘future economic development success’

JACKSON, Miss. (WLBT) – Governor Tate Reeves has announced the state is investing over $110 million toward economic development, infrastructure upgrades, workforce development, tourism, and conservation efforts throughout Mississippi.

The majority of grant approvals, totaling over $97 million, will be invested into projects that, the governor says, will strengthen Mississippi’s economy.

“Mississippi’s economic development results have been historic and unprecedented,” said Governor Tate Reeves. “We’ve secured billions in new private sector investment and created thousands of jobs across the state. The funding we announced today will go a long way toward continuing Mississippi’s economic momentum and will help create more high-paying job opportunities for Mississippians across the state.”

According to Reeves, the investment will help expand infrastructure capabilities at sites across the state and better position Mississippi to secure more private sector investment.

Funding for these projects is available through the Mississippi Development Authority, Appalachian Regional Commission, Delta Regional Authority, RESTORE Act, GOMESA, and Southeast Crescent Regional Commission.

Want more WLBT news in your inbox? Click here to subscribe to our newsletter.

See a spelling or grammar error in our story? Please click here to report it and include the headline of the story in your email.

Copyright 2024 WLBT. All rights reserved.