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Chinese entrepreneurs explore investment prospects in Liberia

Benjamin S. Taingay

(elbcradio.com/July 31, 2015)-A High-Level Business Delegation from the People’s Republic of China is in Liberia to explore investment opportunities in Liberia.

The business meetings, scheduled in Monrovia from 31st July to 10th of August, 2015, are part of efforts to promote and strengthen China’s bilateral relations with Liberia.

The delegation will explore means to invest in infrastructures, energy and other local businesses in post-Ebola Liberia. 

According to a Ministry of Foreign Affairs release, the 20-member Chinese delegation, including representatives of Chinese companies, will be accompanied by Liberia’s Ambassador to Beijing, McKinley Thomas.

The Chinese companies will be desirous of investing in the Liberian economy through general businesses and Liberian Government’s infrastructural development programs.

Representatives of major Chinese companies expected to form part of the visiting business delegation come from the mining and power sectors, and from a leading Chinese technology company, the Blue Seafront Group.

Other companies forming part of the delegation include China Railway Material, Sino-Tech Minerals, power China (BEC), Hydro China, and China Harbor Engineering Company.

Others are Ginko Engineering Co. Ltd., Sino-German Engineering Company, SEPCO III Power Construction, Heknan Jingyuan guoye, and Shandong Exit Secure Network Technology Company.

The visiting delegation dubbed, “2015 Sino-Liberia WIN-WIN Visit,” will hold major discussions with stakeholders from both the Government and private entities in Liberia. 

The delegation is expected to meet with President Ellen Johnson-Sirleaf, and Foreign Minister, Augustine Ngafuan, as well as other sector ministries and the Liberia Business Association (LBA).

 


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