Pennsylvania governor Josh Shapiro recently outlined a series of key investments he would like to see the state undertake as part of a new 10-year economic development plan for the commonwealth, writes Nate Doughty for the Philadelphia Business Journal.

There are five defined goals in the plan, including:

1. making more investments in competitive economic growth opportunities, 
2. faster permitting and approval processes that would make the government “work at the speed of business,” 
3. creating more career pathways for those in the workforce, 
4. backing more innovators, entrepreneurs, and small businesses at the state level
5. improving on and enhancing regional strengths.

The plan aims to help Pennsylvania “catch up” with Ohio, New York, and New Jersey, said Governor Shapiro, which have committed more resources to their economic development than the Keystone State over the last five years.

“For too long, Pennsylvania’s neighboring states have invested and focused on economic development while our Commonwealth has lacked a targeted game plan and serious investment,” said Shapiro.

“With this plan, for the first time in nearly two decades, Pennsylvania has a serious economic development strategy that brings together our private and public sectors, our highly skilled workers, and our world-class universities.”

Read more about Governor Josh Shapiro’s 10-year economic development plan and the key investments the Shapiro Administration wants to make in Pennsylvania’s economy and infrastructure in the Philadelphia Business Journal.

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Gov. Josh Shapiro delivered remarks to announce a new statewide economic strategy in Lehigh Valley earlier this week.