Delaware funding infrastructure improvements for businesses

DELAWARE – The state is making a major push to help the economy grow. On Wednesday, Governor John Carney signed an almost $4 million investment bill that will improve roads and in turn create jobs across the state.

It’s known as the Transportation Infrastructure Investment Fund. For the next 6 years, if a company wants to expand or set up shop in the First State, they’ll be able to ask for roads near their business to be improved. Governor Carney says this will help boost Delaware’s economy by providing an incentive for people to do business in the state.

“When a business here wants to expand and they need a transportation road improvement to do that, or a company comes in from somewhere else to locate their business here and they need transportation infrastructure improvement to make that happen, this fund will give us that tool to get it done so we can keep businesses here and attract more businesses to Delaware,” says Gov. Carney.

The Governor also tells 47 ABC he hopes incentive programs across the state will be used together. So for example if a company wants to build in Laurel, they will have the chance to benefit from an opportunity zone grant as well as this infrastructure investment.