High-powered Chinese Investment Delegation Expected in Liberia Tomorrow

As part of efforts to promote and strengthen its bilateral relations with Liberia, a high-level business delegation from the People’s Republic of China is expected to arrive in Liberia Friday, July 31. The business meetings, which are scheduled from 31st July to 10th August 2015, are intended for the Chinese to explore investment opportunities in Liberia.

 

The delegation will explore means to invest in infrastructures, energy and other local businesses in post-war Liberia. 

 

According to a Ministry of Foreign Affairs release, the high-powered twenty (20)-member Chinese delegation, including representatives of Chinese companies, will be accompanied here by Liberia’s Ambassador accredited near Beijing, H.E. McKinley Thomas. The Chinese companies will be desirous of investing in the Liberian economy including doing general businesses and government’s infrastructural development programs.

 

Representatives of major Chinese companies that will form part of the visiting delegation come from the mining and power sectors. From the high tech sector, will be the Blue Seafront Group, a leading Chinese technology company.

 

Other companies forming a part of the delegation include China Railway Material, and Sino-Tech Minerals, power China (BEC), Hydro China, and China Harbor Engineering Co.

 

Others are Ginko Engineering Co. Ltd., Sino-German Engineering Co and SEPCO III Power Construction and Heknan Jingyuan guoye as well as the Shandong Exit Secure Network Technology Co.

 

The visiting delegation, dubbed “2015 Sino-Liberia WIN-WIN Visit”, will hold major discussions with stakeholders from both government and private entities in Liberia beginning July 31 to August 10, 2015

 

During the course of the Delegation’s stay in Liberia, they are expected to meet with H. E. Ellen Johnson Sirleaf, President of the Republic of Liberia and H. E. Augustine Kpehe Ngafuan, Minister of Foreign Affairs, Republic of Liberia. They will also meet other sector ministries and the Liberia Business Association (LBA).