High Economic Benefit Project Defined

High Economic Benefit Project Defined. A high economic benefit project (“Company Project”) is a proposed project by a company which meets one of the following capital investment criteria: A. Any new capital investment by a private company in land, building, depreciable fixed assets and improvements of at least fifty million dollars ($50,000,000) in the State. B. Any new investment in land, building, depreciable fixed assets, and improvements of at least twenty million dollars ($20,000,000) by a private company which already has investments in the State of at least one billion dollars ($1,000,000,000) in the aggregate. C. Any public investment of at least one hundred million dollars ($100,000,000) to take place over a specified period of time and in accordance with a master plan.