Mississippi continues to show that it’s open for business with yet another massive economic project set to come to the Magnolia State.
On Tuesday, Gov. Tate Reeves called for a special session to clear the way for a $10 billion project in Madison County. The development, which sources tell SuperTalk Mississippi News is going to to be a large data center project most likely Amazon Web Services, will be the largest economic project in state history upon completion.
Once lawmakers allocate the undisclosed amount needed from the state’s side to ensure the development comes to fruition, the project will be marked as four times larger than the previous record-holder for the biggest economic project in Mississippi history. In 2022, Steel Dynamics notched the top spot with a $2.5 billion investment in Lowndes County. The state ended up covering around $250 million in tax incentives to make that project possible.
Tuesday’s announcement is the second major economic project Reeves has helped bring to the state in the past week. Last Thursday, lawmakers put their grievances aside and passed a handful of bills to secure a $1.9 billion electric vehicle battery production plant in Marshall County.
During a press conference at the capitol after both chambers agreed to the governmental side of the EV battery project, Reeves teased that another project was in the making.
“We are lifting up our state job by job and dollar by dollar. We’re going to keep our nose to the grindstone, and we’re going to keep fighting for every job possible,” Reeves said. “Long story short, I don’t think this is going to be the last announcement I make of a major economic development project in the great state of Mississippi.”
The date of the upcoming special session will be announced on Wednesday at 9:30 a.m. If the project is approved by the legislature, it will bring the economic development track record of Reeves, a Republican, up to $18.8 billion since being elected governor in 2019. Over 15,700 jobs have also come along with the capital investments.
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