President Weah says Liberia is open for business

President Weah (1st from left at the back) and others witness the signing ceremony

“Liberia is hospitable and open for sincere business,” the country’s president has assured investors.

President George Weah added that  “We are going to work with you sincerely and honestly”.

Observing the signing of a Memorandum of Understanding (MoU) between the Government of Liberia and the joint Corporation of Fortescue Metals Group and Al Maktoum Company on Sunday, he noted that Liberia’s doors remain open and the people hospitable to all well-meaning concessionaires who desire to take advantage of the huge investment opportunities available in the country.

President Weah said Liberia is endowed with natural resources, much of which remains untapped, including virgin forest, huge rivers and ocean, arable land and minerals lurking beneath it—all underpinned by incredibly favorable climatic conditions.

He reiterated government’s willingness to ensure transparency and openness in dealing with investors and their interests in Liberia.

The Liberian leader used the occasion to praise John Andrew Henry Forrest, CEO of Fortsecue and Sheikh Ahmed Dalmook Juma Al Maktoum, for their willingness to invest in Liberia.

Mr. Forrest, President Weah and Sheikh Maktoum

Billionaire Forrest, who also witnessed the signing ceremony expressed delight and joy for the smooth kickoff of the investment discussions between his party and the Liberian government.

“I am here to grow your economy. I am here to grow your social services and to grow the standard of living of the Liberian people,” he told reporters after the ceremony.

Liberia’s Mines and Energy Minister Gesler E. Murray signed for the government while Sheikh Ahmed Dalmook Juma Al Maktoum signed for the investors.

Sheikh Al Maktoum assured Liberians of their unwavering commitment to invest in Liberia.

President Weah meets with Investors Andrew T. Forrest CEO. Forescue Company- Australia Sheik Al Mak ToumAl Mak Toum Company- Dubai

Publicerat av Executive Mansion-Liberia Söndag 14 juli 2019

The MoU, amongst other things, provides that the investors will upgrade the existing railways in Buchanan for now and will subsequently build new railways from Guinea to the Port of Buchanan without a cost to the Government of Liberia.

The signing of the MOU is part of series of international engagements fostered by President Weah in the last few months.


Source: Liberian Government