FRANKFORT, Ky. — More than $6.1 million was approved to support future investment and job creation in Cumberland, Fayette, Madison, Russell and Scott counties through the Kentucky Product Development Initiative, Gov. Andy Beshear announced.

The funding represents the latest wave of approvals through KPDI, a statewide effort to support upgrades at industrial sites throughout the commonwealth designed to attract new companies and create jobs. The initiative is a collaboration between the Cabinet for Economic Development and the Kentucky Association for Economic Development.

Three projects received approvals across the five counties. The Burkesville-Cumberland County Industrial Development Authority received nearly $1.3 million in state support for a $1.4 million multiphase development at the Cumberland River Industrial Park. Phase 1 includes waterline installation, sanitary sewer systems, gas infrastructure, roadway construction and stormwater systems.

The Central Kentucky Business Park Authority received over $4 million for a $5 million project at the Triple Crown Business Park in Berea. The 300-acre park is supported by the city of Berea, Lexington-Fayette Urban County Government, Madison County Fiscal Court and Scott County Fiscal Court and represents the first public, multi-county economic development project in Central Kentucky.

Russell County received nearly $789,000 in state support for a $1.4 million Phase 2 project involving an access road to the Lake Cumberland Regional Industrial Complex. The access road will provide connectivity to U.S. Highway 127 and connect to the existing industrial park.

According to the state, $35 million is available for projects in the latest round of KPDI. To date, 152 approved projects statewide have received over $147 million in state funding, generating nearly $638 million in total investments when combined with local contributions.

"Our continued investment in site and building development initiatives is helping continue the economic momentum we are seeing across our commonwealth," Beshear said in a statement.