Governor Lobong calls on investors to explore minerals in his state Sudan Radio Service Torit, 23/05/12 - The government of Eastern Equatoria state has revealed that there is potential for oil discovery in the state. The governor, Louis Lobong Lojore called on investors to explore his state and invest in minerals and other natural resources. In an exclusive interview with SRS on Wednesday in Torit, governor Lobong said that the state has investment priorities that investors can exploit. [Louis Lobong ]: “Eastern Equatoria is very rich in natural resources –not only in gold or cement; we have even oil. What is called ‘Block B’, it comes all the way up to Lafon, it goes up to Riwoto, and it goes up to Murang’ipi in Kapoeta East. All that area has oil. We have very arable land –good for agriculture, good area for tourism, we have wildlife, and we have forests. We want investors to come and invest in all these sectors. First, we want them to start with agriculture, power, water and infrastructure, and then cement or gold or oil or any other thing that they want. We are not even talking about taxing them; we want them to start investing.” Lobong added that the investors must only ensure that they employ locals at all sectors as a pre-condition. [Louis Lobong]: “What we need from them is to employ our people. We know how to tax them through the employment of our people. But the problem is bureaucracy in our system in the national government, and the issue of investment laws that has not been put in place. If all these things are in place and the laws are availed, I am sure the investors will come and they will be able to invest, and create jobs for the youth. I am appealing to investors to come to Eastern Equatoria state.” Governor Lobong said that his state has been calm in the recent months, adding that security for the investors will be guaranteed while they explore opportunities.
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