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Governor touts ‘unprecedented economic growth’ as Kentucky economic development efforts recognized
Kentucky Governor Andy Beshear says 2024 was another strong year for economic development in the commonwealth.
The governor’s office says for the fifth straight year Kentucky secured a top five regional ranking for economic development projects in Site Selection magazine’s Governor’s Cup rankings.
Kentucky placed second for regional projects per capita and third for total projects in the South Central Region. 14 Kentucky communities were recognized in the top metropolitan and micropolitan rankings.
The governor’s office says Site Selection magazine awards the Governor’s Cup annually to the U.S. state with the newest and expanded corporate facilities, and the rankings are considered an industry scoreboard by corporate real estate agents. The governor said in the release: “These Governor’s Cup rankings showcase what we already know: Kentucky is witnessing unprecedented economic growth and setting a strong foundation for long-term success.”
187 total economic development projects were announced across the commonwealth in 2024. More information on Kentucky’s economic development efforts and programs is available at ced.ky.gov.
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