UK Investors Arrive Today -Eye Several Sectors

MONROVIA: As Liberia opens for business under the new dispensation, a group of investors from the United Kingdom under the aegis of Uni-Commerce Group International (UCGI) will arrive the country today, Monday, May 27, 2024 to assess possibilities for investment in Liberia, a potentially resource rich country.

According to reports monitored by The Analyst, the group which is headed by Mr. Benyounce Faiz Hamacha will be in the country on the invitation of Representative Jacob Debee of District # 3, Grand Gedeh County and will begin to hold top level discussions with key government officials including the Chairman of the National Investment Commission (NIC).

Representative Debee said he looked forward to fruitful engagements between the investors and Liberian Government officials leading to what he called a “launch of the much needed investment to absorb the country’s youths”.

He said as a youth himself, he’s keen on scouting investment out there to come to Liberia to support the government’s efforts at creating jobs through the private sector.

Already, the UCGI is in an ongoing preparatory setting up process of what it called the AFRICA CONSORTIUM HOLDING GROUP, PLC Liberia, the umbrella entity of all the investment projects to be carried out in Liberia.

The company`s delegation brings together a pool of investors that intend to hold exploratory  investment discussions  with a range of government entities with the view to understanding the potential investment opportunities in various sectors, including infrastructure, agriculture, banking, mining, transportation, communications etc.

Liberia faces employment challenges mainly for its majority youthful population because of limited private sector expansion, building up the pressure on the government to find something for them to do.

With the new administration pressing forward to keep roads in good shape across the country and launch agriculture as its main flagship mantra, international investment could be the only strongest backbone of the state effort to expand the private sector and create jobs.

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