\nTINA S. MEHNPAINE<\/b><\/p>\n
Africa-Press – Liberia. <\/strong><\/span>A newly published report titled \u201cLiberia: A market on the rise\u201d has declared Liberia as a country with high business potential. Produced by Business Sweden, and the Swedish embassy near Monrovia, the report highlighted business opportunities that Swedish companies can exploit in Liberia.<\/p>\n \u201cThe report not least highlights how Liberia\u2019s focus on sustainable development opens up avenues for Swedish companies to contribute to the transition to more eco-friendly industries,\u201d the Embassy of Sweden said in a Facebook Post.<\/p>\n Energy, clean tech, mining, infrastructure, transportation, agriculture, forestry, and med tech are key sectors named in the report. \u201cLiberia offers potential for climate-smart and organic agriculture, mining, forestry and a market in need of clean-tech and Life Science solutions.\u201d<\/p>\n In Liberia, Sweden is the second largest bilateral development cooperation that has made efforts to improve conditions of democracy, human rights, the rule of law, and gender equality; peaceful and inclusive societies. Sweden also supports inclusive economic development; and the environment, lessening climate impact, and maintaining a sustainable use of natural resources.<\/p>\n The launch of the report, which was held at Business Sweden in Stockholm, was organized by the International Council of Swedish Industry (NIR). Sweden\u2019s ambassador to Liberia, Urban Sjo\u0308stro\u0308m participated in a report launch. Sjo\u0308stro\u0308m held discussed with relevant Swedish stakeholders.<\/p>\n According to the report, Liberia\u2019s current development requirements present significant opportunities in energy and clean tech, mining technology, ICT, infrastructure, agriculture, and MedTech.<\/p>\n \u201cEconomic potential remains relatively untapped, particularly regarding the country\u2019s natural resources. Swedish mining companies have the solutions and expertise to contribute to the transition to a more sustainable industry,\u201d the report said.<\/p>\n \u201cThe importance of this transition goes beyond financial gains and reduced environmental damage; the transition would also contribute to social sustainability and improve conditions for human rights.\u201d<\/p>\n The report noted that Liberia\u2019s energy sector shows vast opportunities for investment, huge hydropower potential, and a substantial scope for solar energy. \u201cSeveral EU and multilateral organizations financed projects are underway in Liberia, offering excellent opportunities for Swedish companies to participate in affiliated procurement processes.\u201d<\/p>\n \u201cRebuilding and developing Liberia is a complex and challenging proposition that presents opportunities for Swedish companies to compete in tendering processes from multilateral banks. Pre-financing is often essential for such large-scale projects and investments to be effective and delivered promptly. Swedish Export Credit Agencies (ECAs) financing solutions can help Swedish companies stand out in these attractive bidding processes.\u201d<\/p>\n Source: Liberian Observer<\/b><\/p>\n For More News And Analysis About Liberia<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":" TINA S. MEHNPAINE Africa-Press – Liberia. A newly published report titled \u201cLiberia: A market on the rise\u201d has declared Liberia as a country with high business potential. Produced by Business Sweden, and the Swedish embassy near Monrovia, the report highlighted business opportunities that Swedish companies can exploit in Liberia. \u201cThe report not least highlights how […]<\/p>\n","protected":false},"author":84,"featured_media":53941,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,6],"tags":[233,237,234],"class_list":["post-53943","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-files","tag-africa-press","tag-africa-press-liberia","tag-liberia"],"yoast_head":"\n