Africa-Press – Liberia. In an effort to attract more investment and rebrand the business climate of Liberia, President George M. Weah has pinpointed the mining, tourism, agriculture, and fisheries sectors of the country as key investment areas with the potential to yield huge economic dividend when tapped into.
The effort by the Liberian leader is geared towards encouraging investors around the world to invest in Liberia particularly in the areas as outlined by him.
“Liberia seeks to expand its potential in many areas, including the mining sector that it has been traditionally known for across the world. However, the emerging fields of tourism, agriculture and fisheries are ones that have yet to be exploited,” the Liberian leader noted.
Delivering his address at the Liberia National Day, Dubai Expo 2020, the Liberia Chief Executive emphasized that Liberia wants to use “the Dubai Expo 2020 to urge the citizens of the UAE to come to Liberia and tap into both the traditional and virgin sectors of the country” which according to the him, will in turn help fill Liberia’s huge infrastructure deficit and foster economic development.
“I invite you to join us in developing a prosperous business climate in Liberia,” President Weah maintained as he stressed the huge investment potential Liberia possesses.
Meanwhile, the Liberian President on behalf of the Government and People of Liberia thanked the government and people of the UAE for the many projects they continue to undertake in Liberia.
He stressed that the many projects have come as a result of the close cooperation of his government since assuming office in 2018. “This led to the UAE support for programs in the areas of health, infrastructure development, sports, capacity building and agriculture,” he cited.
He further stated that the UAE is currently financing the construction of a modern hospital complex in Western Liberia, as well as a state of the art sports and recreational park, the Unity Sports Park, being built in central Monrovia.
President Weah also announced that the government of the UAE has been gracious enough to lend its hand to aiding with asphalt pavement of a road project leading to and through Liberia’s northern Lofa County, by providing additional funding support.
Again, President Weah extended gratitude at the invitation of His Highness, Sheikh Mohammed Bin Rashid Al Maktoum, Vice President and Prime Minister of the United Arab Emirates and Ruler of Dubai, to attend the Liberia National Day Celebration at the Expo 2020.
“Let me also thank the leadership of the United Arab Emirates and the Organizers of Expo 2020 Dubai for the gracious hospitality provided to me and my delegation since our arrival in your beautiful city, and the excellent arrangements that you have made for our comfort and safety,” President Weah said.
The Liberia leader disclosed that it is the first time in the history of World Expos that Liberia is truly represented by having its own Pavilion, adding “Thanks to the “One Nation, One Pavilion” policy of the organizers of Expo 2020 Dubai, my country has been given the opportunity to share with the world its business and investment opportunities; to showcase our rich culture and history as the first Independent African Republic; and to deepen the comprehensive strategic partnership that we enjoy with the United Arab Emirates”.
The theme of Liberia’s Pavilion is: “LIBERIA IS OPEN AND READY FOR BUSINESS”, which embraces the idea that trade and investments are essential ingredients for sustainable national economic growth and development.
President Weah indicated that the Expo 2020 in Dubai has brought together 192 countries, with visitors from all around the world, under the central theme of “Connecting Minds, Creating the Future”, With three additional sub-themes of “Opportunity, Mobility, and Sustainability”.
The Liberian leader maintained that the Dubai Expo 2020 has also convened the global community in Dubai, and is inspiring people around the world to work together in new ways to create a sustainable future.
“Being the first mega-event of its kind in the Middle-Eastern region, Expo 2020 Dubai has also provided a unique global platform for presenting new and innovative solutions that have the potential to transform the lives of people of all races and backgrounds, in spite of the ongoing global economic and health challenges which face our world,” President Weah asserted.
The Presence of the Liberian leader at the Dubai Expo 2020 coupled with the unique display of the Liberia heritage by Liberians, signals a huge possibility for additional investment opportunities in the near future which will subsequently bring huge economic dividends to the people of Liberia.
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