Trade and Tourism in Liberia
Here are helpful tips and guides that will aid you in Doing Business in Liberia:
- Magazine_in_print-Investment_Liberia_QPD-2012_2013 Volume 3- 2012-2013 Investment Guide on the best ways to Invest in Liberia.
- Liberia and US Business Summit 2012 – Full Program – This is full program from the Liberia and U.S. Business Summit held in Atlanta, Ga on Friday, March 30, 2012.
- Liberia Investors Guide – Learn more about Doing Business in Liberia. (created by NIC – for more information visit http://www.nic.gov.lr/)
Here are reasons why Liberia is the place to do business…
Liberia is rebuilding after 15 years of civil conflict, therefore, the opportunities for investment in Liberia are unlimited. The national infrastructure (roads, bridges, water, electricity, airports, seaports, etc.) has to be rebuilt. Investment in health care, education, hotels and housing are critical services the country needs.
Liberia has opportunities for investment in cash crops such as coffee, cocoa, and oil palm. Food crops such as rice, cassava, pineapples, bananas and plantain. Rice is the nation’s staple food and the country imports over 90% of its rice needs at the cost of about $80 million a year. The natural resources offer significant opportunities for investment. Our primary resources include diamonds, gold, iron ore, rubber and timber.What is the government doing to encourage investments in Liberia?
The administration has a broad vision about the role of the private sector in Liberia’s recovery; the great potential for private sector investment; and some key steps the government has in mind to strengthen the environment for private sector investment going forward. The President made it clear that a strong and vigorous private sector is absolutely central to Liberia’s economic growth and development.
How do I connect with the rest of the world when in Liberia?
There is ongoing recovery of Liberia’s infrastructure:
- There are four telecommunication companies operating in the country
- Wireless Internet
- Hundred of miles of repaired roads
- Multiple flights a week from The United States to Belgium and Liberia
- Light in the city
Liberia is open for business with great opportunities for investors. Self-sufficiency in food production is key to Liberia’s economic recovery as agriculture continues to be the dominant sector in the Liberian economy, accounting for more than half the GDP and about 70% employment.
Principal crops grown in Liberia include rice (the nation’s staple food come mostly from imported sources), sugar cane, cassava, oil palm, coffee, and cocoa. Fruits grown in Liberia include banana, papaya, mango, and pineapple, and citrus fruits such as orange, grape fruit, tangerine and lime. Natural resources include iron ore, timber, diamonds, gold, and rubber.
International Mission: Greenville-Sinoe County Liberia and Greenville, Mississippi Sign Sister City Trade Agreement
HIstoric Sister City Memorandum of Understanding Signed
On September 11, 2009, the Greenville, Mississippi and Greenville Sinoe Liberia Sister City International Agreement was signed in Monrovia, Liberia by the Honorary Consul General, Cynthia Blandford Nash, the Mayor of Mississippi’s representative, Ed Johnson, the Mayor of Greenville Sinoe County, Barbara Ann Moore Keah, Mobutu Vlah Nyenpan, Senior Senator and Chairman, Sinoe Legislative Caucus, Joseph N. Nagbe, Senator and Vice Chairman, Sinoe Legislative Caucus, Wilfred T. Harris, for the Greenville Development Association and as President of the Liberian American Partnership Initiative, Ambassador Sylvester M. Grigsby, Former Superintendent of Sinoe County and Robert S. Nash, Jr., Partnership Facilitator. Honorable Nash signed on behalf of Ambassador Barnes of the Liberian Embassy in Washington, D.C.
The purpose of the Agreement is to further friendly diplomatic relations, enhance cultural and historic understanding and cooperation, and to promote international trade between Greenville, Mississippi of the United States of America, and Greenville, Sinoe County of the Republic of Liberia, the parties have resolved to enter into an agreement of Friendship and Exchange under a Sister City Relationship. Executive Committees have been established to further the work under this Agreement and grant opportunities are being considered.