Chamber of Commerce, LIBA Meet U.S. Business Executives
Originally published on the Liberian Observer The Liberia Chamber of Commerce (LCC), Liberia Business Association (LIBA) and other stakeholders on February 19, 2019, hosted a round-table business and acquaintance discussion with executives of the American ‘National Black MBAs Association (NBMBAA) at a resort in Monrovia on how best both can collaborate to enhance their respective services that would benefit their two countries, a release has said. According to the release, the 10-person delegation headed by Liberia’s Honorary Consul General to Washington, Cynthia Lynn Blandford and the president of the National Black MBAs Association, Jesse J. Tyson, in separate remarks, expressed thanks and appreciation to the Liberian business stakeholders for the gathering and assured of possible collaboration. They further said that their visit to Liberia and Ghana is aimed at interacting with the state actors on how both can collaborative to work together in the growth and development of their respective institutions, and also scout out the possibility of establishing a genuine relationship in their sector. The President of the Liberia Chamber of Commerce (LCC), J. Wendell Addy, who spoke on behalf of the Liberian state actors, expressed thanks and appreciation of the visit of the American business executives for coming to Liberia, noting that their visit would help to bring rewarding results to the country. Visiting US delegation holding discussion with their Liberian Counterparts Reflecting on the many contributions Liberia has made, much of the international community, making specific reference of Africa, bragged that Liberia was on the forefront for the liberation of some countries on the continent, particularly the liberation of Ethiopia. Some members of the delegation included Henry J. Turner MBA, Small Business development Specialist; London McCloud, President, Click and Learn; Bruce Thompson, Vice President, Arconic; Michelle D. Jackson, Senior Occupancy Planner, US ARM-Jones Lang LaSalle American Incorporated. The discussion was climaxed with a sumptuous lunch, including Liberian and western food was served as the visitors enjoyed their meal and at the same time, chatting with their Liberian counterparts.
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Concept Note – Liberia Business and Investment Forum New York City, September 26, 2019
Liberia National Investment Commission (Monrovia) DOCUMENT Originally published on allAfrica.com Liberia continues to pursue political stability and economic prosperity. Following a milestone political transition in 2018, ushering in a new dispensation and democratic government led by His Excellency Dr. George Manneh Weah, President of the Republic of Liberia, the Government of Liberia has identified investment in infrastructure and agriculture as the most important priorities that can potentially unlock opportunities for investment across all sectors of the economy. This renewed commitment to promote investment in agriculture and infrastructure is a key focus of President Weah’s economic recovery and growth drive and it is very critical to improving Liberia’s image abroad thereby attracting Foreign Direct Investment (FDI) in priority sectors. Concept: Having held several Trade and Investment events around the world with specific reference to one held in New York in September 2015 to pitch to potential investors on investment opportunities in Liberia, the Government of the Republic of Liberia through its Embassy in Washington has proposed to host the Liberia Business and Investment Forum slated for September 26, 2019 in New York City at the sidelines of the 74th United Nations General Assembly. The focus of this forum will be agriculture, general infrastructure development and diaspora investment from Liberians, although all other opportunities will also be highlighted. The vexing reality of huge infrastructure gap must be addressed in the most pragmatic manner to ensure that the standard of living of Liberian people is improved. There is no gainsaying that infrastructure development requires huge investments and the Government of Liberia needs investors to play an important role in bridging this gap for a win-win outcome for both parties. Infrastructure includes both soft and hard infrastructure such as roads, railway system, ports (sea and air), energy, ICT, etc . Additionally, award of contracts can also be a disincentive for attracting investors if the process is not perceived to be transparent and shrouded in legality. It is the position of the Government of Liberia that all awards of contracts will meet the guidance of the Public Procurement and Concession Commission (PPCC). The requirement for international competitive bidding will be respected and encouraged. Liberia has a 5-year development plan, the “Pro-Poor Agenda for Prosperity and Development” (PAPD). The fundamentals underpinning the PAPD include Liberia is rich in human and natural resources but is deprived of development largely because its human capital lacks the knowledge to transform the natural resources into wealth— whether through farming, mining, fishing, or other productive ventures that require technology or financial investments. Consequently, Liberia is relatively rich in natural capital, but relatively poor in relations to its peers in both human and produced capital. Moreover, because of a legacy of entrenched inequality in access to development opportunities, widespread infrastructure deficits and pervasive poverty have become the binding constraints to future growth and prosperity. Objectives: It is the view of the Government of Liberia that this event considers the following objective(s): Initiate vigorous, constructive dialogue between would-be investors and the Government of Liberia on investment opportunities in agriculture, general infrastructure and encouraging Liberians in the diaspora to invest in Liberia Create a platform […]
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