At the Liberia Investment Conference held today at the Ellen Johnson-Sirleaf Ministerial Complex in Monrovia, President Joseph Nyuma Boakai delivered a keynote address emphasizing the importance of private sector investments in driving the nation’s economic growth.
The conference, which runs from August 6 to 8, 2024, seeks to attract significant Foreign Direct Investment (FDI) and stimulate development across key sectors, including agriculture, infrastructure, mining, energy, and information technology.
This event is a critical part of President Boakai’s “ARREST” national development agenda, which focuses on improving infrastructure, healthcare, and job opportunities for Liberia’s youth. His address set a hopeful tone, underscoring the government’s commitment to creating a favorable environment for private investment and fostering strategic partnerships that will benefit Liberia’s economy in the long term.
At the investment conference, several key points were highlighted:
Speakers emphasized the potential in sectors like infrastructure, energy, and agriculture, detailing specific projects and investment opportunities.
Discussions included recent and upcoming reforms aimed at improving the business environment, such as regulatory changes and incentives for investors.
There was a focus on ongoing and planned infrastructure projects, including roads, ports, and energy facilities, and their importance for economic growth.
Authorities highlighted efforts to enhance the investment climate, including improvements in transparency, legal frameworks, and support for foreign investors.
The conference stressed the importance of public-private partnerships in driving development and leveraging resources effectively.
Success stories from businesses and investors who have already made significant contributions to the Liberian economy were shared to showcase the potential benefits of investing in Liberia.
These points were aimed at encouraging both local and international investors to explore opportunities in Liberia and contribute to the country’s economic development.
Organized by Noial African Venture in collaboration with the National Investment Commission, the conference brings together government officials, international investors, and development partners to explore opportunities and build collaborative platforms essential for Liberia’s future economic prosperity.
President Boakai’s address set a joyous tone for the conference, as he reiterated his administration’s commitment to fostering growth and development through enhanced collaboration with the private sector.
By: Blessed D. Kpenkennie
