By SARAH RANKIN and ALAN SUDERMANJanuary 26, 2019
EMPORIA, Va. (AP) — Virginia has little to existing for spending bigger than $100 million in the previous decade on land building in hopes of attracting manufacturing jobs to rural areas.
Many of the land on these megasites sits empty.
High financial building officers and lawmakers inform the recount has misplaced out on billions of bucks of non-public investments attributable to a lack of areas sufficiently developed so plants may fair additionally be operational interior 18 months.
Officers inform that has attach Virginia at a drawback as other Southern states welcome developed manufacturing projects such as vehicle and aerospace factories and pharmaceutical and fertilizer plants.
Virginia Economic Development Partnership President and CEO Stephen Moret says his company plans to hide a belief on megasite building to lawmakers quickly.