Summit Encourages New Kentucky Partnerships

By Nolan Miles
P3 Kentucky Staff Writer

Business seems to be booming in the Bluegrass State, and it doesn’t look like it’s going to slow down anytime soon. Recently, the state’s administration attended the SelectUSA Investment Summit in Washington, D.C. to discuss new Kentucky public-private partnership opportunities with private sector companies.

Led by Gov. Matt Bevin, administrators traveled to D.C. this June following a highly successful 2017. Just last year the state announced $9.2 billion in expansions and new project locations. And just this year alone, Kentucky has already witnessed nearly $1 billion in additional international investment expected to create 500 new jobs.

The summit creates a space for the public sector to meet with private companies to forge new agreements in order to increase commerce and economic development in their home states. Working alongside KentuckyUnited, a public-private partnership aimed at bringing new job opportunities to the state, officials engaged in meetings, roundtable discussions and receptions.

According to The Lane Report, approximately 43,000 jobs have been announced since Gov. Bevin took office, with over $16 billion in international corporate business. Click here to read more about Kentucky’s presence at SelectUSA and to read more from The Lane Report.

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