MONROVIA, LIBERIA-President Joseph Boakai will tomorrow address the African Union Summit in Addis Ababa, Ethiopia.

President Boakai’s address will center on pertinent regional and global issues.

The President will call for stronger collaboration and inter-regional coordination in addressing rising geopolitics, extremism, and trans- national crimes.

According to a dispatch, the Liberian Leader is expected to support the elevation of Africa’s position from a non- permanent member to a permanent one on the UN Security Council.

President Joseph Boakai is expected to update the AU on the gains his government is making to improve citizens’ access to quality healthcare, education, sanitation, and electricity, among others.

President Boakai, during the two-day annual event, is also expected to hold strategic bilateral engagements with investors and his counterparts for investment and partnership purposes.

Meanwhile, the Managing Director of the Liberia Water and Sewer Corporation is expected to make a case for Liberia today in Addis Ababa, Ethiopia

Mohammed Ali will unveil to investors and African Leaders, Liberia’s long and short-term sanitation plans and provide a clear roadmap for the sector.

The disclosure was made on Friday by the Deputy Minister of State for Public Affairs, Anthony Kesselly, on the Super Morning Show.

Minister Kesselly described the planned deliberations by the LWSC MD as crucial to revamping the Sanitation sector while attracting investment opportunities for Liberia.

According to him, the Sanitation Sector remains a key component of the ARREST Agenda for Inclusive Development.

MD Ali’s planned deliberations are part of a series of sideline events ahead of the start of the 39th Ordinary session of the African Union’s Heads of States and Government Summit.

At the same time, President Boakai has issued Executive Order No. 158, establishing the Liberia Corporation for Strategic Investment (LCSI) as a Special Presidential Project.

The LCSI was established to drive the implementation of the Government’s Strategic Partnership Agreement with Afriland First Holding.

The Executive Order gives full effect to the Government’s commitment to sustainable economic transformation, enhanced resource mobilization, and inclusive national development.

A statement from the Executive Mansion says the LCSI is conceived as a joint venture vehicle that will serve as the principal instrument for implementing strategic national development initiatives under the Partnership Agreement.

Under the agreed ownership structure, the Government of Liberia will hold 80-percent ownership in the LCSI.

Of this share, 60-percent of the Government’s equity shall be equally distributed among Liberia’s fifteen counties at 4-percent per county, while the remaining 20-percent shall be retained by the Central Government.

The release added that Afriland First Holding will hold 20-percent ownership, with a minimum of 10-percent of its shares to be opened for public and industry participation, including commercial banks, insurance companies, government entities, and other qualified institutions.

Meanwhile, the Minister of State without Portfolio has been directed to coordinate the immediate establishment and operationalization of the LCSI.

Minister Mamaka Bility has also been mandated to initiate pilot projects in rural development, agriculture, and infrastructure rehabilitation within 12-months.

Minister Bility will collaborate with relevant ministries to complete all legal and administrative requirements for legislative ratification and institutionalization, and submit quarterly progress reports to the Office of the President.

Executive Order No. 158 is issued pursuant to Article 50 of the Liberian Constitution, which vests executive authority in the President to ensure the faithful execution of laws, programs, and policies in the national interest.

According to an Executive Mansion release, the Order shall remain in force for a period of 1-year, during which the Government will pursue legislative ratification to transition the LCSI into a permanent statutory entity.

The LCSI’s mandate is anchored on mobilizing domestic and international financial and technical resources for strategic development projects.