
The Delta Regional Authority announced Monday (July 6) a $2 million investment to support transportation infrastructure improvements at the Port of Little Rock.
The Little Rock Port is the largest industrial hub in central Arkansas with over 40 businesses employing more than 4,000 people. It features rail, river and interstate highway access.
The DRA’s investment will aid current businesses at the Little Rock Port Authority Industrial Park and provide updates to attract new industries to the area, according to a news release. The investment will help recruit new distribution and manufacturing facilities that will employ an anticipated 1,500 additional jobs to the area next year.
“The Delta Regional Authority’s investment at the Port of Little Rock is the exact project our dollars are meant for – supporting transportation infrastructure and industry-driven job creation,” said Delta Regional Authority Federal Co-Chairman Chris Caldwell. “The DRA’s investment improves roadways for a major transportation and logistical hub in Arkansas, and it is a vital component in supporting Arkansas’s workforce and attracting new industry and jobs to the Delta region.”
Funding for the project was provided by the Community Infrastructure Fund, a DRA grant program that makes strategic investments into projects supporting basic public infrastructure, transportation infrastructure, and flood control.
The Delta Regional Authority is a federal-state partnership created by Congress in 2000 to promote and encourage the economic development of the lower Mississippi River Delta region and Alabama Black Belt.
"port" - Google News
July 06, 2020 at 10:03PM
https://ift.tt/3e88Rd0
Delta Regional Authority invests $2 million in Little Rock Port - talkbusiness.net
"port" - Google News
https://ift.tt/2VXul6u
https://ift.tt/2WmIhpL
No comments:
Post a Comment