Governor Greitens proposes new "Jobs and Infrastructure Fund"

JEFFERSON CITY, Mo. -- "Infrastructure is one of the most important elements in economic development," said Rob Dixon, Director of the Department of Economic Development for the state of Missouri.

Governor Eric Greitens seems to agree, as he announced a plan called the "Jobs and Infrastructure Fund" which his office claims will help bring jobs back to the state.

In his announcement Friday afternoon, the governor said he has set aside $25 million for that fund in his budget proposal, to help match what local communities are putting forward for these infrastructure projects.

Dixon says it's an important tool, especially for companies who are looking to expand or even relocate to the Show Me State.

"This will allow us to have a tool to help encourage that job creation in Missouri by really allowing us to help that company grow and to really create the infrastructure they require for that expansion," Dixon said.

The Department of Economic Development is the lead agency on this, but they will be working alongside the Department of Transportation.

"So, as a company would come to us and have an infrastructure need, we'd evaluate that, we'd work with our partners at MoDOT and make sure those are the most strategic investments for our state," Dixon added.

The state legislature is expected to talk about transportation infrastructure this legislative session, but the Director of Economic Development says infrastructure is a much broader term.

"Rail, communications, utilities, transportation, all of those things fall into it, and that's why having a tool like this really would make Missouri much more competitive," Dixon said.

Dixon says he is both excited and hopeful that a budget passes, and this proposal becomes reality.

"You have to have the solid infrastructure on which to grow your economy, and this gives us a tool, helps Missouri become much more competitive than we've ever been before," Dixon said. "So, we're really excited about the opportunity ahead."

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