MONROVIA, LIBERIA-The National Port Authority (NPA) has launched a five-year strategic plan valued at five hundred fifty million US dollars.

The plan seeks to reposition the NPA as a driver of inclusive growth, trade facilitation, and infrastructure renewal in alignment with the Government of Liberia’s ARREST Agenda for Inclusive Development.

Delivering the keynote address recently, Finance and Development Planning Minister, Augustine Ngafuan, commended the NPA leadership for its strategic far-sightedness and commitment to institutional transformation.

Minister Ngafuan described the new plan as a “testament to disciplined planning and national vision”, stressing that the success of the ports directly impacts Liberia’s overall economic competitiveness.

Meanwhile, the Managing Director of the NPA, Sekou Dukuly, disclosed that one hundred ten million US dollars will be invested annually for the port to generate the needed revenue and handle its challenges independently.

The NPA boss called for collaborative efforts among the staff and partners in ensuring that the plan becomes a reality.