Pulaski County, Ark. – Pulaski County Government announced today that it received a $2 million grant from the Department of Commerce, U.S. Economic Development Administration to make infrastructure improvements to Zeuber Road in support of future industrial development in Pulaski County.
The EDA grant will be matched with funds from Pulaski County and the City of Little Rock totaling $1 million. The Office of Governor Asa Hutchinson is also making a substantial contribution of $2 million.
“The importance of economic development in Pulaski County cannot be stressed enough,” said County Judge Barry Hyde. “Many thanks to the Department of Commerce for the investment and support in Pulaski County’s infrastructure improvements. The Little Rock Port is our most valuable asset in bringing domestic and international manufacturing corporations, heavy industry, and jobs, to the Central Arkansas region.”
“I’m pleased the Department of Commerce recognizes the potential economic impact the Zeuber Road project holds for the Port of Little Rock, the city, Pulaski County and the region,” U.S. Senator John Boozman said. This investment will help support future growth and improve safety by upgrading the roadway to meet the standards necessary for increased usage and access. It will also create jobs and enable future economic development. I thank Secretary Ross and the EDA for supplying this critical funding.”
The $5 million project is expected to grow the U.S. exports and increase foreign direct investment in addition to enhancing the commuting area in Little Rock Port Authority, Industrial Park. Once completed, this investment will expand the transportation network that serves vital industries, which will strengthen the regional economy, support private capital investment and create jobs. The anticipated outcome is more than 300 jobs and $60 million in private investment leveraged.