Economy

Christie Throws Support Behind Newark's Amazon Bid with Attractive Incentives

Christie Throws Support Behind Newark's Amazon Bid with Attractive Incentives”

"The city of Newark will be advanced as not only the best location for Amazon, but the only location for Amazon here in the state of New Jersey", said Christie.

The governor made the announcement at a news conference with U.S. Sen. The city and state is offering Amazon some $7 billion in potential tax incentives to second headquarters, known as HQ2, to Newark.

The company will invest $5 billion in construction and says the campus will bring 50,000 new jobs.

Amazon has said it wants to expand in a metropolitan area within 45 minutes of an worldwide airport.

"We see the growth happening in Newark", Christie said.

Booker added: "Amazon would be smart to come here", and Baraka added, "New Jersey and Newark is the place to be". Christie said legislative leaders as well as both gubernatorial candidates are in favor of the tax incentives through the state's Economic Development Authority. Cory Booker. The governor said that the state and city are planning almost $7 billion in tax breaks and that it would amount to one of the most successful ventures in the history of both New Jersey and Amazon.

Elected officials from the 11 counties represented by the Chamber of Commerce of Greater Philadelphia, which included Camden County, have vowed that if Amazon chooses a site within the region, all will back that decision, said Matt Cabrey, executive director of the chamber's business-retention program.

The mayor boasted his city's transportation infrastructure and its proximity to Newark International Airport and second busiest sea port in the nation.



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