CHARLESTON, W.Va. — The state sold millions of dollars in Roads to Prosperity program bonds, generating nearly $750 million for projects around West Virginia.
Gov. Jim Justice announced the sale of $600 million worth of General Obligation State Road Bonds on Tuesday, generating $746.5 million.
“This program is truly bringing prosperity to West Virginia in many ways and today’s sale of these bonds is going to keep all of this goodness going for years to come,” Justice said in a press release.
“By giving our entire transportation infrastructure these much-needed improvements, not only are we are providing jobs for people to work on these projects, but we’re also building the roads that are going to bring more and more people and businesses into our great state for the long haul.”
Justice pointed to the state’s strong credit rating and bond ratings as helpful in making the bonds competitive.