Home NewsLiberia Western Cluster Ltd. Vows to Invest $2Billion…..

Western Cluster Ltd. Vows to Invest $2Billion…..

by Administrator

MONRROVIA, LIBERIA-Western Cluster Limited has vowed to invest two billion US Dollars in the region in the coming years.

A key player in Liberia’s Mining Sector, the Company said the investment will serve as a catalyst to Liberia’s growth and propel socio-economic development in the region.

The Chief Executive Officer of Vedanta Sesa Goa, the parent body of Western Cluster, Navim Jaju, disclosed on Thursday, June 13, 2024, in Monrovia.

Speaking after a meeting with President Joseph Boakai on Thursday, Mr. Jaju said:” The new investment portfolio aligns with President Boakai’s vision to revitalize the nation’s economy and combat challenges such as poverty and diseases.”

The Liberian Leader earlier ordered the shutdown of the Company’s operations, citing the lack of responsible investment to impact concession communities.

However, the CEO of Western Cluster Jaju has committed his Company to contributing to the key growth pillars outlined by the new Government.

At the same time, the Government of Liberia has reminded concession companies, including Western Cluster Limited, of conducting business in the country and people.

The Minister of State, Sylvester Grigsby, said:” Prioritizing the well-being and rights of citizens remains high on the agenda of the Government.”

Minister Grigsby said issues of road safety and sustainability and other crucial concerns raised by the citizens affected by the operations of Western Cluster will be closely monitored for further actions by the Government.

The Minister of State also disclosed that the Government’s readiness to review all documents surrounding the scope of operations of concession companies in Liberia.

By: Vasta Tarlue



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