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US ambassador calls for predictable investment rules in The Gambia

By , based on Kerr Fatou

US ambassador calls for predictable investment rules in The Gambiajaria @ Mapillary.com · CC BY-SA 4.0

US ambassador to The Gambia Laurence Socha says transparent and predictable regulation is needed to attract more American investment. He cited Banjul port, the airport, energy and major infrastructure projects as promising sectors during an interview with QTV, Kerr Fatou reports.

US ambassador to The Gambia Laurence Socha is calling for greater transparency and predictable rules to attract American investment. He presented economic cooperation, electoral integrity and security as priorities in relations between the two countries during an interview broadcast on Monday on QTV's This Morning programme, Kerr Fatou reports.

Laurence Socha believes The Gambia's strategic position and economic potential offer opportunities for American companies. He stressed, however, that investors needed confidence in the country's regulatory framework and business environment.

The comments came after Laurence Socha took office as US ambassador to The Gambia on 6 October. Washington and Banjul also assessed their cooperation against organised crime with Guinea-Bissau on 8 October.

Summary produced with the help of artificial intelligence tools, under AFREEQUE’s editorial responsibility.

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