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March 11, 2008

Carcieri combining EDC and Economic Policy Council

Journal archive photo / Kathy Borchers
Governor Carcieri and Paul J. Choquette Jr., CEO of Gilbane Inc., at an Economic Policy Council meeting in 2006.

PROVIDENCE -- Governor Carcieri is combining the state's two economic development agencies, the state Economic Development Corporation and the
Economic Policy Council.

In a statement today, Carcieri said the EDC will now oversee the council, an influential advisory group made up of leading business and political figures. The council will retain a separate advisory board.

The switch, Carcieri said, "will ensure closer alignment around a single economic development strategy, sharpen the state’s focus on priority programs and will save the state money."

“EPC is an important body of the state’s business, university and government leaders and plays a key role in shaping and actively communicating a clear economic development vision for Rhode Island,” Carcieri said. “I will ask the council to lead the private sector effort to improve our business and tax climate and to accelerate our positioning as a high-wage knowledge economy.”

For more local breaking business news, visit the Biz Blog at projo.com/business.

Posted by Benjamin N. Gedan  at 3:32 PM | Permalink

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