Minister McGill Tours USA -Showcases Liberia’s Investment Potentials

The Minister of State for Presidential Affairs, Nathaniel Falo McGill has concluded his week-long visit to the United States of America on a sound note having made maximum use of the tour to showcase Liberia’s rich and untapped investment potentials to Senior US officials, captains of industries, noted investors and other stakeholders in the business sector of the United States and attracted the assurances of US investment inflow in Liberia.

The hardworking Chief of Office Staff to the President’s presence in all the discussions and meetings he had with the top level US officials and top business executive accentuated the priority placed on encouraging foreign direct investment in the country by President George Manneh Weah to change the trajectory of the economy and promote the overall national development objectives of the country.

A dispatch from the United States which catalogued the Minister’s visit said he successfully marketed the huge benefits of investing in Liberia covering such critical and high yielding investment areas as energy, agriculture, mining, tourism, service industry, finance, maritime among others.

In the tour that took Minister McGill to Washington DC, Pennsylvania and Florida, he was accompanied by the President of the National Oil Company of Liberia(NOCAL), Atty Saifuah Mai-Gray, Minister of Gender, Children and Social Protection, Mrs. Williametta Piso Saydee-Tarr, Director of Rural and Renewable Energy, Joseph T. Williams and Liberia’s Ambassador to the United States, George Patten and conveyed President Weah’s message of Liberia’s readiness for business and the commitment of the government to ensure transparency in doing business with would-be investors.

In her presentation on the abundant opportunities in the energy sector, Atty. Mai-Gray spoke extensively, touching specifically on the two basins talked about the two basins, especially the undrilled Harper Basin, stating that the energy data of the country indicates that Liberia has the locations of the acreages as well as the right investment procedures. She further spoke about government’s changes in the petroleum law to take into consideration the world’s plan for energy transition by 2050.

For his part, the Director of Rural and Renewable Energy, Joseph T. Williams also reiterated the need for investment in the energy sector most especially in power distribution, the area that the government is contemplating on privatizing.

Ambassador to the United States, George Panten who was a key official on the tour specifically echoed the submission of Madam Gray and Mr. Williams on the prospects in the Energy and Tourism sectors and called for Americans investments in the infrastructural, energy and tourism sectors.

Before then, Minister McGill had separately met with some US Congressional members, former congressmen, members of the US Private investors and US Department of Energy officials.

In separate responses, the US officials and Business leaders expressed excitement in meeting with Minister McGill and the presentations made by the officials of the Liberian government while being optimistic about exploring the opportunities in the country. North Carolina’s Congressman, G.K. Butterfield said it is about time for America and Americans to invest in Africa mainly in Liberia and West Africa. He assured Minister McGill and delegation of his commitment in facilitating US investments in Liberia.

The United State Department of Energy’s Director for the Middle East and African Affairs, Landon Dorentz expressed similar commitment. He promised to work with Liberian relevant authorities for US investments in Liberia while Congressional Black Caucus Chair, Joyce Beatty praised President Weah and the people of Liberia for a successful bicentennial launch and initiative. She said it is about time that Americans make tangible investments and contributions to Liberia.


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