Gov. Tate Reeves announced Wednesday more than $110 million toward economic development upgrades to make sites more shovel ready so communities can recruit projects for the future.
The largest of the grants from the state is going to the Mississippi River Inland Port Complex Megasite. There, more than $10 million will be used to conduct wetlands mitigation as required by the site’s U.S. Army Corps of Engineers permit. The majority of grant approvals, however, totaling over $97 million, will be invested into projects that will further strengthen Mississippi’s economy through site development, infrastructure improvements, and workforce training support.
The massive investment, according to a statement from the governor’s office, will help expand infrastructure capabilities at sites across the state and better position Mississippi to secure even more record-breaking private sector investment. Funding for the projects is available through the Mississippi Development Authority, Appalachian Regional Commission, Delta Regional Authority, RESTORE Act, GOMESA, and Southeast Crescent Regional Commission.