MONROVIA, LIBERIA-President George Weah has submitted three incentive agreements to the Senate for ratification.
The agreements include the incentive agreement between Liberia and G5 Plus Incorporated, DuraPlast Liberia Incorporated and Modern Mills Liberia Incorporated.
According to President Weah the agreements if ratified will create more jobs, stimulate the local economy and increase government’s revenue.
The Liberian leader noted that the companies will be involved with the development and production of plastic, operation of flower mills and recycling plant amongst others.
President Weah put the cost of the three companies at little over ninety million United States Dollars.
The companies are expected to operate in Montserrado County if the agreements are ratified by the Legislature.
By: Sampson David