President-elect Donald Trump said his administration would help expedite permits for any person or company that invested at least $1-billion in the US.
“Any person or company investing ONE BILLION DOLLARS, OR MORE, in the United States of America, will receive fully expedited approvals and permits, including, but in no way limited to, all Environmental approvals,” Trump said Tuesday in a post on his Truth Social network. “GET READY TO ROCK!!!”
Trump did not immediately detail what steps his administration would take to help investors secure permits to fast-track projects and any such effort is likely to face hurdles at the state and local levels.
Trump’s pledge is in line with his vows to help bolster energy, infrastructure and other domestic investments in his second term and roll back federal regulations Republicans say have hampered economic growth.