HomeAbout LiberiaLiberia Special Economic Zones Authority Signs Investment Agreement…

Liberia Special Economic Zones Authority Signs Investment Agreement…

MONROVIA, LIBERIA-The Liberia Special Economic Zones Authority has signed an investment agreement with Consumer Hygiene Giant Softcare Liberia Limited.

The partnership aims to establish a modern factory to produce essential household products for regional West African markets.

Speaking at the signing ceremony in Congo Town on Monday, LSEZ Executive Chairman Prince Wreh welcomed the investment.

Wreh, among other things, said the deal aligns with government goals for job creation and diversification.

For his part, Bai Guangxue of Softcare Liberia Limited lauded the government for fostering a transparent, stable, and business-friendly environment for foreign investors.

Guangxue added that Softcare remains committed to long-term investment, innovation, and local job creation.

The thirty-two million United States Dollar Investment is expected to create over one hundred fifty direct jobs and two hundred fifty indirect jobs.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Hot this week

WASH Advocate Hails Pres. Boakai for Presidential Clean Cities Initiative

One of Liberia’s leading Water, Sanitation, and Hygiene (WASH)...

Pres. Boakai Recommits to Democratic Governance, Peace, Security

MONROVIA, LIBERIA-President Joseph Boakai has reiterated the Government of...

Labor Ministry Launches ‘Special Alien Permits Verification Exercise’

MONROVIA, LIBERIA-The Ministry of Labor has launched a ‘Special...

Edu. Minister Dr. Jallah Challenges 14 Agriculture Teachers to Study in Ghana

MONROVIA, LIBERIA-Education Minister, Dr. Jarso Jallah, has challenged fourteen...

Nat’l Commission on Arms Calls for Arms Registration Before April 2027

MONROVIA, LIBERIA-The Liberia National Commission on Arms is calling...

Related Articles

Popular Categories