Vice President Joseph N. Boakai Assures Investors of a Secure Environment

Tuesday, 24th April 2007
Monrovia, Liberia - Liberia's Vice President Joseph N. Boakai has assured investors of a secure environment and a climate that is conducive for investment in Liberia.

He said unlike some other post-war countries where armed robbery and other violent crimes are commonplace, Liberia is relatively peaceful and secure.

"You can drive from here to Robertsfield without being ambushed. Liberians are not hardened criminals. What you have here are people who engage in petty crimes to live better lives," Vice President Boakai added.

Vice President Boakai was speaking Tuesday at his Sinkor office, when a two-man team of investors from Dubai and India, accompanied by Grand Bassa County Senator James Barney, called on him to acquaint him with their desire to invest in the country.

He said much of Liberia's natural resources are intact, whether in the mining, fishing or agriculture sectors, and hence that there are vast opportunities for investment in the country.

He said that there are also vast opportunities in the building industry, as the country at the moment cannot boast of a five-star hotel, and needs housing estates to accommodate the growing population in the capital Monrovia.

He challenged both government officials and private citizens to tract foreign investments so that the livelihood of Liberians would be improved.

Earlier in remarks, the Managing Director of the Shalimar Rexine India Limited, Afzal Khan told Vice President Boakai that their desire is to cultivate a sugar cane farm and establish a Sugar manufacturing plant to meet both local demands and for export.