CORINTH, Miss. (WTVA) - Millions of dollars are being awarded to Corinth to make infrastructure improvements necessary to serve businesses at the Northeast Mississippi Waterfront Industrial Park.

The money, $1.5 million, is coming from the U.S. Department of Commerce.

According to grantee estimates, the project in Corinth is expected to create 250 jobs and generate $158 million in private investment.

This investment will help increase water supply needed for the growing Northeast Mississippi Waterfront Industrial Park.

The proposed project will connect to an existing 30-foot water main, enabling business development and growth.

This project was made possible by the regional planning efforts led by the Northeast Mississippi Planning and Development District. EDA funds the Northeast Mississippi Planning and Development District to bring together the public and private sectors to create an economic development roadmap to strengthen the regional economy, support private capital investment, and create jobs.