Green buses drive South Carolina regional center
An EB-5 regional center in South Carolina is building a transportation assembly plant that will focus on building environmentally friendly buses.
The Carolina Center for Foreign Investment (CCFI) is hoping that foreign investors will help them raise the capital necessary to build the facility. In turn, those investors are hoping that the regional center can help them meet the requirements of the EB-5 visa program.
The name of the project is the Proterra Transportation Facility, and it is estimated that it will create 1,300 jobs, according to CCFI’s website. The plant will be located in South Carolina at the Clemson University International Center for Automotive Research, ensuring that it will have the latest green technology.
South Carolina Senator Lindsey Graham is enthusiastic about the plant and the public transportation vehicles it will produce.
“The bus that Proterra is going to build in Greenville will not only be good for the environment, but it will help this nation break our dependency on foreign oil,” he said.
In the EB-5 visa program, foreign nationals who invest $1 million in an American business and if that investment leads to 10 new jobs, they become eligible for their U.S. green cards.