“Liberia’s Investment Environment Is Not Suitable” – Bong County Senator Tokpa acknowledges
By Our Staff
As Liberians witness the unceremonious departure of some major foreign investors to neighboring countries, the Senator of Bong County, Dr. Henrique Tokpa has publicly acknowledged the facts that indeed mayor foreign businesses are leading the country due to unsuitable investment environment.
Speaking on a local radio, the OK FM morning show Tuesday, July 14, 2021, Dr. Tokpa who prior to his election as Senator of Bong County served as President of the Cuttington University his dream of opening a local juice factory in Bong County through the support of some foreign have failed due to the unsuitable business climate currently being faced by Liberia.
He disclosed that with this kind unsuitable business in the Country, it will be very difficult for Liberia to witness the influx of foreign owned businesses here in Liberia, a situation he described as terrible for the growth of the Liberian economy that is giving birth to hardship in the country.
Since the inauguration of the CDC-led government, the country has witnessed the departure of several leading businesses mostly the Lebanese owned businesses, a situation that has worsen the economy situation in the country; making hundreds of Liberians to be jobless.
Apart from Senator Tokpa’s assertion of the unceremonious departure of investors from the country, GNN few months reported of the visible and untimely closure of dozens of major businesses including the Lebanese owned in the country.
Speaking to the GNN during the time of the interview, many of those who remained in the country and are battling with the economic hardship, said despite of all of these difficulties which they described as ‘Trying Time’, they will face all the challenges, but further called on the Weah-led government to see reason of improving its international image in order for foreign owned investors to come to Liberia.