The Delta Regional Authority, through a program partnership with the Economic Development Administration (EDA), has announced $235,000 in new investments that will add 115 jobs to the Arkansas-Louisiana Multimodal Economic Corridor initiative.
The project focuses on a 90-mile transportation corridor that includes five counties in southeast Arkansas and four parishes in northeast Louisiana.
Arkansas counties include Chicot, Desha, Drew, Bradley and Ashley. Louisiana parishes are East Carroll, Madison, West Carroll and Richland. The investment will be used to enhance Mississippi River port operations in Lake Providence, La., and the Madison Parish Port; the Yellow Bend Port on the Arkansas River; and the Port of Crossett on the Ouachita River. Improvements also will be made to U.S. 65, which connects the region north to Little Rock and to Interstate 20 – which connects to the Dallas-Ft. Worth metroplex region to the west and Atlanta to the east.
“Infrastructure investments are critical to economic development. This is great news for southern Arkansas that will improve the connection between rural communities and businesses beyond the region to help create additional job opportunities and development,” Sen. John Boozman said.
“I am pleased the Delta Regional Authority and EDA will invest $235,000 in the Arkansas-Louisiana Multimodal Economic Corridor initiative,” said U.S. Rep. Bruce Westerman. This is a unique opportunity which will create true economic benefits for years to come. The private sector jobs and investment that will result from these improvements will benefit the entire South Arkansas and Northern Louisiana region.
Both Louisiana Gov. John Bel Edwards and Arkansas Gov. Asa Hutchinson welcomed DRA’s investment.
“We are so grateful for our partnership with the Delta Regional Authority and the investments they leverage that make significant infrastructure improvements and job creation in Louisiana,” said Gov. Edwards. “Today’s announcement of $235,000 in new investments adding 115 new jobs to the Arkansas-Louisiana border will enhance the Arkansas-Louisiana Multimodal Economic Corridor initiative, the Mississippi River port operations in Lake Providence, La, as well as the quality of life in East Carroll, Madison, West Carroll and Richland Parishes. Again, we are very grateful for their work in this area of our state.”
“DRA’s continued investments in the Arkansas Delta are emblematic of their dedication to the region,” Gov. Hutchinson said. “This investment in the Arkansas-Louisiana Multimodal Economic Corridor will encourage economic development by improving transportation infrastructure in rural southeast Arkansas. I look forward to seeing the positive effects these improvements will have on the Arkansas Delta region.”
These investments are funded by a joint program partnership through EDA’s Economic Adjustment Assistance (EAA) program. DRA leadership works closely with the governor of each state and his board designee to identify projects to receive investments, which are aligned with state economic development goals. Investments also are guided by EAA’s priorities: collaborative regional innovation, public/private partnerships, national strategic priorities, global competitiveness, environmentally sustainable development and underserved communities.
“DRA’s investment will make significant infrastructure improvements, encourage collaboration in the area, and enhance marketing efforts to help with job creation and economic development,” said DRA Chairman Masingill. “Our primary role at DRA is to facilitate infrastructure improvements that help create jobs and give rural communities opportunities to compete effectively.”
About the Delta Regional Authority
The Delta Regional Authority is a federal-state partnership created by Congress in 2000 to help create jobs, build communities, and improve lives through strategic investments in economic development in 252 counties and parishes across eight states