By Ben TC Brooks
River Gee County Senator Francis Saidy Dopoh II has submitted a major legislative proposal at the Liberian Senate seeking to reform and modernize Liberia’s investment climate.
The proposed legislation, introduced during Tuesday’s regular sitting of the Senate, is titled: “An Act to Amend and Restate the Liberia Investment Act of 2010, to be known as the Liberia Investment Act of 2026.”
According to a release from the senator’s office, the bill aims to establish a modern, balanced, and comprehensive legal framework intended to stimulate sustainable economic growth and increase indigenous Liberian participation in the national economy.
The proposed Liberia Investment Act of 2026 seeks to address emerging economic realities and evolving investment challenges by creating clearer investment regulations, expanding opportunities for Liberian-owned businesses, and encouraging responsible foreign direct investment aligned with Liberia’s development priorities.
The legislation also aims to strengthen confidence in Liberia’s investment environment by promoting fairness, transparency, predictability, and accountability in business operations nationwide.
Key principles outlined in the proposed Act include transparency, accountability, fair competition, inclusive participation, consumer protection, sustainable industrial growth, and the protection of Liberia’s national security interests.
If passed into law, the measure is expected to modernize Liberia’s investment framework, strengthen private sector development, attract strategic investors, and ensure that Liberians benefit more directly from economic opportunities generated within the country.
Political and economic observers say the proposed reform could mark a significant step toward building a more inclusive, competitive, and sustainable economy capable of driving long-term national development and economic transformation in Liberia.
