Features

Commonwealth Infrastructure Fund Names Managing Director Jacob Schirmer

Veteran financier Jacob Schirmer has been named Managing Director of the Commonwealth Infrastructure Fund (CIF), a privately managed fund formed last year to support investments in public-private partnerships (P3s) in Kentucky. Schirmer will lead the investment fund’s day-to-day operations.

Kentucky Looking to P3 to Develop 133 Acres at Kentucky Expo Center

A major development with multiple hotels, restaurants, entertainment venues and retail outlets could be coming to 133 acres of land adjacent to Freedom Hall and the Kentucky Exposition Center, if the Kentucky Tourism, Arts and Heritage Council finds the partners and plans it’s seeking to guide the effort.

Three Ways P3s Can Be Used in Kentucky Today

For anyone who missed it this week, the Kentucky Transportation Cabinet outlined its plan to repair and rebuild roads and bridges throughout the Commonwealth over the next six years. The plan details investments totaling more than $8.5 billion for 1,400 projects throughout the state. It’s a great start but far short of the state’s needs.

Gov. Bevin Signs Law to Ease P3 Process

Amid all the discussion around Kentucky’s pension reform, state budget and tax reform efforts, Kentucky legislators easily passed and Gov. Matt Bevin signed P3 legislation this week that is expected to simplify the way public-private partnerships are approved in the state.

Kentucky Cited for Pro-Business Policies Like P3

Kentucky economic development leaders are getting out the word about our pro-business initiatives — including legislation to allow public-private partnerships — and gaining some national attention from site selection publications.

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