The Greater Cheyenne Chamber of Commerce Action and Advocacy committee meets Tuesday to discuss State security and infrastructure

Published: Sep. 6, 2022 at 10:28 PM CDT
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CHEYENNE, Wyo. (Wyoming News Now) - Does foreign investment in Wyoming make our state secure?

That was one of the hot topics up for discussion at the Greater Cheyenne Chambers of Commerce, Action and Advocacy committee meetings on Tuesday.

It is the transparency of investments in the state and our communities.

According to officials, investments in real estate near military bases or critical infrastructure from foreign investors have raised concerns in neighboring states. They are now being brought to Wyoming officials’ attention.

“This is a very complicated issue but its one that as we move to Sentinel and a move to expansion at the military base and an expansion of our military-industrial complex, that we want to be aware of,” said Dale Steenbergen, CEO and President of The Greater Cheyenne Chamber of Commerce.

Even though the Federal Corporate Transparency Act requires disclosing owners and identifying information for businesses. Wyoming is looking at possibly developing future legislation to round out security gaps for Wyoming’s needs.

" We want to make sure that our adversaries or even businesses, have our best interests at heart. uh we know where the money comes from, we know how they got it, we know that its legal. But on the other hand we also need to be aware that we need freedom to do business, " says Steenbergen.

The following Action and Advocacy meetings are on Oct. 4, and the upcoming Legislative Session begins on Jan. 2023.