Jackson, WY. – Wyoming Governor Matt Mead says he’s hearing new ideas from an initiative on how Wyoming can diversify its economy beyond fossil fuels.
Gov. Mead and Greg Hill, President and Chief Operating Officer of Hess Corporation and ENDOW Co-Chair, hosted a group of accomplished national and international business leaders today in the first meeting of the ENDOW Advisory Council.
Governor Mead announced the ENDOW Initiative last year. The goal of ENDOW is to develop a twenty year strategy to build a sustainable, diversified and value-added economy in Wyoming.
The Advisory Council’s role is to offer advice on the strategy including input on local, national and global business conditions and trends. An Executive Council is charged with presenting three reports to the Governor and Legislature.
“The members of the Advisory Council are experienced and successful national and international business leaders – their insight is priceless,” said Governor Mead. “Wyoming is such a wonderful place to live, work and raise a family. The Advisory Council sees great potential here. I value the time and advice that these exceptional individuals are willing to contribute to help Wyoming chart a prosperous and sustainable economic road.”
“Today’s meetings showcased the great interest national and international business leaders have in Wyoming,” said ENDOW Co-Chair Greg Hill. “I was very pleased with today’s candid and productive discussions. I think we are all walking away from today with a sense of optimism and excitement about the prospects for economic diversification in the great state of Wyoming.” Mead says one of the new ideas he heard being discussed was starting a pre-approval process for industrial parks that could house facilities like power plants and how to build on the state’s tourism industry.
The final 20-year plan—to be developed by the Executive Council—is due to Governor Mead by August 1, 2018.