The state Department of Transportation approved funding for an interchange for the proposed Interstate 73 at Interstate 95 in Dillon County. The South Carolina DOT Commission this week allowed $105 million for the interchange project.
“With this investment by SCDOT, the questions around I-73 are no longer a matter of ‘if’ but a matter of ‘when.’ Securing the funding for the interchange positions us well as it sends a message to Washington that we’re serious about investing in and completing I-73, which could help lure in additional investment,” Brad Dean, president of the National I-73/74/75 Corridor Association said in a media release.
The association cites a recent Coastal Carolina University study that says the Interstate’s construction could create more than 7,700 jobs.
Horry Rep. Alan Clemmons, Chairman of the National I-73/74/75 Corridor Association says,
The focus now will be on securing funding in the upcoming Highway Reauthorization Bill, where one of the most important things will be to make sure that we have a presence in Washington to emphasize our investment in the project and highlight the positive economic impact it would have in terms of attracting business and creating jobs.
Congress is scheduled to take up the Highway Reauthorization Bill this year.