MONROVIA, LIBERIA-Vice President Jeremiah Koung says support for Liberian-owned businesses remains a major priority for the Government of Liberia.
VP Koung said: “While the Government encourages foreign investors to help in the private sector growth, local businesses must be encouraged to stay consistent.”
The Vice President assured of the Liberian Government’s preparedness to create an enabling environment for local business expansion.
According to a release issued over the weekend, VP Koung was speaking over the weekend when he delivered the keynote address at the Aqualife Ribbon Cutting Ceremony of the Company’s newly constructed water facility in Virginia, outside Monrovia.
He commended Liberty Investment Limited and its subsidiary, Aqualife, for over a decade of investments in Liberia.
VP Koung stated that the Company’s investments have created employment opportunities for Liberians and contributed significantly to Liberia’s industrial and economic advancement.
Meanwhile, the Vice President said:” While the Government is aware of the many sectors seeking investment and attention, the need to prioritize sectors that provide immediate transformation cannot be overemphasized.”
The Liberian Vice President said the strategy for growth should be tailored around developing the ARREST Agenda of the Liberian Government.