The United States seeks to promote foreign direct investment at a time of optimism, driven by the will of Donald Trump’s Government to generate jobs in manufacturing and other sectors. One of the main challenges pointed out by regional representatives is the large-scale supply of energy.

“Thanks to the Trump Administration, our flow of possible (investment) agreements is greater today than it has ever been,” Mississippi Governor Tate Reeves said categorically at the SelectUSA investment summit, an event that usually attracts more than 5,000 participants and that this year local authorities face with special enthusiasm to the policies of the federal government.

“It is obvious that we are not going to achieve all those investment contracts, but I think that our economy will continue to thrive in the current panorama,” added Reeves, who leads a state that concentrates plants of companies such as Toyota, Rolls Royce or Airbus and who wants to attract capital from new sectors, such as data centers.

Although Trump has applied tariff pressures to encourage foreign investment, several multinational executives highlighted the “good time” to invest in the US, both for regulatory agility and for the protection of intellectual property.

Siemens CEO Barbara Humpton said the country is experiencing a “vibrant era,” highlighting government initiatives in technology, artificial intelligence and high-speed rail. Siemens has focused recent investments in the manufacture of trains in North Carolina and electrical equipment in Texas and California, essential for data centers.

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The high energy demand of these servers represents a great challenge, especially for the state of Virginia, the largest data center hub in the world.

“The demand for energy will not decrease, but quite the opposite,” said its Secretary of Commerce, Juan Pablo Segura, who highlighted initiatives such as the development of new generation nuclear reactors.

“We want that reactor to be operating by 2030, and with our current regulatory framework I think we can achieve it,” he added.

One of the great objectives of the Trump Administration in terms of energy is to make a plan that has been developing for years and that has encountered obstacles in terms of economic viability, to build a pipeline that allows to supply from Alaska 20 million tons of liquefied natural gas (LNG) each year to Japan, South Korea, Taiwan, Vietnam or Thailand.

The idea is to transport natural gas from North Slope, the northernmost region of the United States, to the port of Nikiski, from where it would be liquefied and sent by ship to Asia in a journey of about 8-9 days, almost four times less than what it takes to arrive the Texas LNG that the US sells to this region of the world.

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The problem is that the construction of a gas pipeline almost 1,300 kilometers long in such a remote area has been estimated at about 44 billion dollars (about 39,641 million euros).

In any case, the governor of Alaska, Mike Dunleavy, believes that given the current scenario, the gas could already be “flowing” in 2028, as he said on the opening day of this summit that concludes on Wednesday.

“Tariffs and trade have changed the equation,” he admitted regarding the reluctance shown so far by the major buyers of US LNG in the region, Japan and South Korea, two countries whose economy depends in turn greatly on what they export to the US and that are negotiating these days so that Trump’s threat to impose tariffs of 24% and 25%, respectively, does not come true.