Liberia, Guinea, Sierra Leone Set For Hague Investment Confab

A one-day trade and investment conference organized by the Dutch Ministry of Foreign Trade and Development Cooperation has been planned to take place on November 30 in The Hague, Netherlands.

The conference, which will involve the participation of Liberia, Guinea and Sierra Leone, is a follow-up to the July 6-9,2015 high-level Dutch trade delegation to the three Mano River Union countries intended to provide insight into the pros and cons, dos and don'ts of doing business in the three countries.

The forum, which is expected to bring together high-level government officials and ministers, will address key priority areas of infrastructure, health and agriculture with the aim of soliciting possible investors as identified by the Investment Commissions of the three West African countries.

The Dutch Minister for Foreign Trade and Development Cooperationn, Lilianne Ploumen said the conference will review strategic progress made in investing for sustainable development and economic transformation with the focus on opportunities for investing with an eye for challenges, economic transformation and inclusive growth and socially responsible development.

Representatives from Liberia to the conference are expected to come from the National Investment Commission (NIC), Ministries Agriculture; Health; Finance and Development Planning; Commerce; and Public Works.

Also expected to participate are the National Housing Authority, National Port Authority, Liberia Water and Sewer, Liberia Chambers of Commerce and the Liberia Business Association, according to a dispatch from the Liberian Mission in Paris.

Over all, about 31 persons, 15 representing the private sector and 16 from the public sector are expected to represent Liberia.

During the July 2015 visit to Monrovia, President Ellen Johnson Sirleaf expressed appreciation over the visit of the Dutch business delegation to country.

She received in audience the Minister for Foreign Trade and Development Cooperation of the Kingdom of the Netherlands, Ms. Lilianne Ploumen and delegation at her office on Monday, July 6.

Ms. Ploumen, at the head of the high-level trade mission, including representatives of at least 30 Dutch companies, was in the country for a one-day Liberia-Netherlands Business and Investment Dialogue.

In the meeting with the delegation, President Sirleaf recalled the strong ties subsisting between Liberia and the Netherlands beginning with the Royal Dutch Airlines (KLM) becoming one of the first international airlines to operate in Liberia after the construction of the Roberts International Airport (RIA).

The Liberian leader stressed that if basic infrastructures, including roads, electricity and water, are rehabilitated, these will give rise to the quality of life and eventually improve other services such as education, quality healthcare, as well as boost agriculture which remain Liberia’s potential for investment and growth.

She indicated the need for immense assistance and collaboration to realize these objectives.

The President said Liberia was open for business, adding: "Business that will foster inclusive economic growth.”

The Liberian leader assured Ms. Ploumen and delegation that their investment will be "fully protected" under the laws of Liberia.

Liberia's Ambassador to Belgium, Holland and the EU, Isaac W. Nyenabo, says the conference will provide an avenue for trade and investment possibilities in Liberia in line with the Government economic diplomacy program.

Nyenabo said several meetings and discussions have taken place since the July 6 trade delegation visit to Monrovia, all aimed at laying the ground work for the upcoming November 30 Conference in The Hague.

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