London Forum to Boost Investment in Liberia
London – Key private and public sector actors from the United Kingdom and their Liberian counterparts are expected to meet in London early December this year to identify areas and prospects to expand the reach of UK businesses in the West African nation.
The UK-Liberia High-Level Business Forum is a product of sustained efforts at the bilateral and multilateral levels that seeks to advance trade and international development support.
The forum, led by the Government of Liberia, will identify approaches that highlight Liberia’s competitive advantages as a profitable investment destination.
These strategic sectors will roll out the country’s investment readiness and important policy shifts under the government’s Pro Poor Agenda for Development (PAPD) with emphasis on Foreign Direct Investment (FDI).
Finance and Development Planning Minister Samuel D. Tweah and the Deputy Minister for Operations at the Ministry of Lands Mines and Energy, Emmanuel O. Sherman, will present the key linkages between Liberia natural resource endowments along with the urgent need for job creation while maintaining an investment climate with greater profitability.
Commerce Minister Professor Wilson K. Tarpeh is expected to outline Liberia’s trade context and the ease of doing business in the country.
The Managing Director of the Forest Development Authority, Mike Doyen- will reflect on the changing dynamics of Liberia vast forest reserves as well as promoting sustainable development.
The Head of the Liberia Chamber of Commerce, Wendell Addy and the President of the Liberia Business Association, James Strother, will engage their counterparts in the UK about increasing the stalk of Liberian businesses as a key pillar of national development.
Carla Senatore, Senior Business Officer at UK Export Finance will deliver updates about efforts toward cushioning UK investments abroad. The British Ambassador to Liberia, David Belgrove will reflect on the UK government’s public and private sector engagement with Liberia.
Liberia’s Ambassador accredited to London, Gurly-Gibson Schwarz, recalled that the Business Forum to be held in London is in continuation of productive partnerships between both countries.
“The gathering will lay the framework for increasing the stake of UK investment profile in Liberia,” Ambassador Schwarz said.
Other members of the Liberian delegation include: Deputy Minister of Administration at the Ministry of Foreign Affairs, Hon. Mawine Diggs; Deputy Minister for Public Affairs at the Ministry of Information, Cultural Affairs and Tourism, Hon. Eugene L. Fahngon; the Director General of the Liberia Business Registry, Hon. Sampson Dee.
The event, dubbed “UK-Liberia High-Level Business Briefing”, will take place in London, United Kingdom on 5th December 2019.