A 2-man Japanese investment delegation from the Marubeni Corporation, one of Japanese leading manufacturing companies on Wednesday, March 20, 2019 paid a courtesy call on executives of the Liberia Chamber of Commerce (LCC) and the President of the Liberia Business Association (LIBA) aimed at exploring avenue for possible investment in Liberia.
The Japanese delegation including the General Manager Marubeni Abidjan Liaison Office, Akihiko Koenuma and Dr. Julien Agbanhan, Regional Project Manager for West and Central Africa was accompanied to the LCC by the Liberian Ambassador to Ivory Coast, Ambassador Willye Mai Tolbert king.
The executives of the LCC who welcomed the delegation included its President, J. Wendell Addy, Secretary General; Stephanie Duncan, Charles Collins; Treasurer and O. Natty Davis; executive member, and the President of the Liberia Business Association (LIBA) James Stroter in their separate remarks expressed thanks and appreciation for the visit of the Japanese investors.
Earlier, Ambassador King said the visit of the Japanese business executives to Liberia is to attract possible investment, and further noted that several institutions including the National investment Commission (NIC) and the Minister of Commerce and industry, Professor Wilson K. Tarpeh were prior to coming to the headquarter of the LCC were also visited.
She expressed hope and confidence in the management of Marubeni Corporation due to its professional services around the globe, and further prayed that Liberia will be a part of the Company’s investment initiative.
Given the company’s historical background, its General Manager Mr. Koenuma said the Company was founded in 1858 by Fumiya Kokubu, and has 131 branches and offices in 66 countries with over 39,000 employees worldwide.
He disclosed that the company is involved in several activities including food, consumer products, chemical, energy and metals, power business and plant transportation and industrial machinery including sales of agri-input business.
The Japanese investor also said his company provides integrated functions by leveraging expertise in EPC and machinery trading, and further bragged that his group has track record among general trading companies in EPC projects for railway and industrial plants.
Mr. Koenuma said his company in Africa is divided into three areas which are Sub-Saharan Africa, Maghreb and the Middle East.