One part of the plan is to borrow $1.5 billion — paid for with bonds — for transportation projects in rural areas, focusing on transit and highway infrastructure. In a press release, McCrory said he hopes to use the money to economically stimulate these areas.
More than 20 candidate projects are already on the list to receive bond money, said NCDOT Secretary Tony Tata in a statement Friday.
“Accordingly, we are looking at projects that will help connect rural areas to jobs, health care and education centers,” he said. “A transportation bond will help us address critical needs without limited funds.”
One proposed project is an interstate designation for U.S. 64 and U.S. 17 that would connect the Hampton Roads area of southeastern Virginia to Raleigh, said Jerry Jennings, division engineer for NCDOT Highway Division 1, which oversees 14 state counties.
“Any interstate designation is a positive benefit for any comp any that is maybe looking to locate to a region,” he said.