Currently, in the EB-5 market, 98% of projects are invested by private enterprises, while only 2% are government projects. As a brand-new EB-5 model, government projects have faced a peculiar fate of love and hate since the first day they entered the Chinese market: on one hand, there is the frantic buying by Chinese investors—a frenzy of love; on the other hand, there are endless online rumors, attacks, and questioning—a frenzy of hate.
As the saying goes, popularity brings controversy. If a project is good, it is naturally recognized by the public. However, when you perform well, the project becomes famous, and while you gain more praise, you also attract more attackers. Currently, there are rumors online falsely claiming that the Pennsylvania Turnpike project is a fake project that does not exist at all. In response to these rumors, an analysis is provided below:
Roadmap of the Pennsylvania Turnpike project reported by NBC
First, the Pennsylvania Turnpike project is a 100% real and existing project.
The Pennsylvania Turnpike project, also known as the I-95 Interstate Highway project, is the longest interstate highway in the United States, connecting Maine in the far north to Florida in the far south. However, the I-95 has remained incomplete at the border between Pennsylvania and New Jersey, requiring detours through other state or local roads to connect the northern and southern sections of the I-95, which has caused great inconvenience to transportation.
To fundamentally solve this problem, the U.S. federal government and the Pennsylvania state government have jointly invested in connecting the I-95 to the Pennsylvania Turnpike, expanding the road surface on a large scale, and establishing toll stations to complete the connection between the northern and southern sections of the I-95. Once the project is completed, it will completely resolve the long-standing traffic congestion on the Pennsylvania section of the I-95, improve transportation efficiency across the entire U.S. East Coast, and promote economic development in several nearby states and regions.
Second, the project has been reported by authoritative media, and the Governor of Pennsylvania and members of Congress attended the groundbreaking ceremony.
On the day the project broke ground in 2012, the Governor of Pennsylvania, U.S. Congressmen from Pennsylvania, the Chairman of the Pennsylvania Turnpike Commission, and the CEO of the Pennsylvania Turnpike Commission all arrived at the scene to participate in the groundbreaking ceremony with shovels in hand.
Project groundbreaking ceremony: 3rd from left is the former Governor of Pennsylvania, 3rd from right is a U.S. Congressman from Pennsylvania
In addition, the project has caused a strong reaction locally in the United States. Numerous authoritative U.S. media outlets, including CBS (Columbia Broadcasting System) and NBC (National Broadcasting Company), have reported on the project.
Authoritative report on the Pennsylvania Turnpike project by NBC
Authoritative report on the Pennsylvania Turnpike project by CBS
In summary, how could a project recommended by the Governor of Pennsylvania and U.S. Congressmen themselves in authoritative media be a false advertisement or a non-existent project?
The Pennsylvania Turnpike project launched by Worldway has been widely reported by authoritative U.S. media and has received strong support from the Pennsylvania state government and U.S. Congressmen. It is precisely because the Pennsylvania Turnpike is the longest toll highway running north-south in the eastern United States that its location holds national strategic significance. In particular, this project has transcended partisan interests and become a project concerning major U.S. national interests, which is why it has been personally promoted by U.S. Congressmen—a rarity in the EB-5 industry.
Furthermore, the project also features pre-approval by the USCIS, a sound EB-5 capital supervision mechanism, and an ultra-high employment creation rate of 3.368 times, providing sufficient guarantees for investors' employment requirements. More importantly, the project is exclusively held and operated by the Pennsylvania state government, with the borrowing entity holding an A+ credit rating. It also possesses powerful autonomous pricing and toll-collection authority. Therefore, the Pennsylvania Turnpike project is not subject to market competition and enjoys excellent cash flow and revenue stability. These many advantages make it a project with low investment risk and guaranteed employment and repayment in the current EB-5 market. Currently, such a high-quality project as Phase III of the Pennsylvania Turnpike is being frantically snapped up by global investors. To get ahead of the crowd and secure a scarce spot in the Phase III of this premier project, please call 400-138-2929 immediately.
