Handling billion-dollar projects involves infrastructure needs

(The Center Square) – Six to seven years ago, a billion dollars recruitment and expansion project coming to North Carolina wasn’t new, says the CEO of the Economic Development Partnership of North Carolina. Today, that has changed – and quite dramatically, he says. “You go back not that long ago – six, seven years ago and it was uncommon to see more than a handful of these billion dollar recruitment and expansion projects on an annual basis,” Chris Chung, CEO of the public-private Economic Development Partnership of North Carolina told the Joint Legislative Economic and Global Engagement Oversight Committee on Monday. “That trend has changed dramatically. We are seeing a lot more really big projects that are looking at North Carolina as well as Georgia, Ohio as well as other states we compete with.” The projects are more complicated and require much more infrastructure such as water and sewer capacity, Chung said. “They ty