New Jersey Governor Sherrill Signs Executive Order Launching ‘New Jersey Means Business’ Economic Plan
New Jersey Governor Mikie Sherrill signed Executive Order No. 28 on November 10, launching “New Jersey Means Business,” a statewide economic development strategy that sets the course for business investment and job growth over the next five years. According to NJTODAY.NEWS on November 10, the order runs through 2030, aims to make New Jersey more competitive for business investment and jobs, and assigns state agencies specific tasks and deadlines. Agencies must, within 90 days, produce a business retention and attraction strategy, a statewide plan for priority development sites and initial recommendations for cutting the cost of starting and running a business; within 120 days, recommend a small number of priority industries, changes to economic development incentives and a statewide research and innovation strategy; and within 150 days, create a cross-agency service to help qualifying projects navigate state and municipal permitting. A new New Jersey Means Business Economic Development Council will oversee the work, with members including the state Economic Development Authority, the Innovation Authority, and the departments of State, Labor and Workforce Development, Community Affairs and the Treasury. The governor’s office said the strategy will coordinate economic development work statewide around attracting investment, supporting local businesses and expanding employment. The office did not release specific investment figures or a project list that day; agencies will carry out their assignments on the order’s timetable. It is the first statewide economic strategy Sherrill has launched since taking office, and its execution will be an important measure of her administration’s economic record.
Source: Office of the Governor of New Jersey
Published by GSM · USA (original Chinese edition)
Photo: 新泽西州州长米基·谢里尔官方肖像。（公共领域，新泽西州州长办公室）
