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State government enterprise zones in Baltimore city and Allegany and Prince George's counties have been approved for expansion and renewal, enabling these jurisdictions to provide businesses with income- and property-tax credits to help create and retain jobs, according to information from the state Department of Business and Economic Development.
...Prince George's is renewing its enterprise zone to include areas along the International Corridor/Gateway Arts District, the Port Towns and Annapolis Road Corridor, and other areas.
"In the past five years, Enterprise Zone-certified companies have reportedly made capital investments of $100 million, and created more than 2,000 new jobs in the County," said Kwasi Holman, CEO of the Prince George's County Economic Development Corp., in a statement.
NewsWatch: State enterprise zones expanded, renewed
Seeded on Tue Dec 29, 2009 1:42 PM EST
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