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Liberia: Agriculture, Roads, and Tourism Are Key to National Investment, Says Acting Finance Minister

todayAugust 15, 2024 2

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Monrovia — Liberia’s Acting Finance and Development Planning Minister, Anthony G. Myers, has identified agriculture, roads, and tourism as crucial sectors for national investment across the country.

Acting Minister Myers made this statement during a brief ten-minute presentation at the ongoing National Investment Conference organized by Nova Africa Ventures, held at the Ellen Johnson Sirleaf Ministerial Complex in Oldest Congo Town, Paynesville.

According to Myers, both private and public sector investors should consider economic specialization in activities that will boost trade and business. He emphasized that focusing on key business specializations as an investor will strengthen the economy and promote national growth and development.

“I am calling on all private and public investors to align their efforts with agriculture, roads, and tourism, as they are integral to the ongoing national development plan for inclusive development,” Minister Myers stressed.

He further noted that by doing so, Liberia could become a specialized hub for the neighboring region, facilitating the trade of goods and services.

“Developing countries around the world are known for setting economic specializations that drive their economies and promote national investment. For example, when you think of Swiss products, you think of quality and durability; when you consider their banking system, you think of trust and confidentiality,” Minister Myers told stakeholders.

He revealed that investing in infrastructure development, such as roads, would boost agricultural production, commerce, and trade, while also enhancing skills by creating marketing opportunities for growth and development across all sectors of the economy.