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Hamminburg announces US$20 m investment in Liberia

Jonathan Grigsby/Benjamin S. Taingay

(elbcradio.com/June 10, 2015)-The Hammingburg Mining Company is to invest over US$120-million in the Liberian economy.

National Investment Commission’s Executive Director, George Wisner, said Hammingburg will be the first commercial gold mining company in the country.

Mr. Wisner said under the agreement, the company will construct housing and medical facilities, as well as primary and secondary schools for locals.

The company will also support the environmental unit of the Tubman University in Maryland County and its social funds will be managed by the Liberian Government, he revealed.

Mr. Wisner made the statement Tuesday, June 9, 2015 when he addressed the Information Ministry’s press briefing Tuesday, in Monrovia.

He said the chicken factory area was set aside for the Monrovia Industrial Park, nevertheless, people have encroached on it over the past year.-

 


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