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Nat’l Investment Commission keen on growing Liberian businesses

Jarp Davies/Maximilian Kasseh, Jr.
National Investment Commission (NIC),Liberia
National Investment Commission (NIC),Liberia

MONROVIA-The Executive Director of the National Investment Commission (NIC) says the commission has embarked on a policy for the growth and development of Liberian businesses.

Director George Wisner wants local investors get involved in direct investment in the country to boost the economy and grow their businesses.

The NIC Executive Director spoke Wednesday, March 29, 2017, in Monrovia when the commission and other government functionaries signed contracts valued more than 80(M) Million United States Dollars with two Liberian companies.

The NIC, Liberia Airport Authority, Ministry of Finance Development Planning and the Ministry of Justice have reached a 25 year agreement.
It is valued at 10(M) Million United States Dollars with the Global Logistics Services for development of a modern cargo handling facility at the Robert International Airport.

At the same time, the NIC also signed investment incentive contract worth 70(M) Million United States dollars with MUSONS Group Inc. for the construction, development and maintenance of a hotel resort in Mars  hall, Margibi County.

In separate remarks, the Chief Executive Officer of Global Logistics Services, Peter King, and the CEO and president of MUSONS Group Inc., Joe Mulbah promised to deliver on their respective investment packages.

For his part, finance and Development Planning Minister, Boima Kamara, said Wednesday signing ceremony goes to the heart of a key component of the country’s economy recovery.

 


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