REPUBLIC OF LIBERIA
MINISTRY OF FOREIGN
AFFAIRS
MONROVIA, LIBERIA
Press Release
For Immediate Release
High Level Visiting Indian
Business Delegation Pays Courtesy Call On Foreign Ministry.
(MONROVIA, SATURDAY
DECEMBER 14, 2013):
A high level visiting Indian Investment Team from the Oversees Infrastructure
Alliance led by its Chairman, former Indian Ambassador His Excellency V. B. Soni,
on Wednesday, December 11, 2013, paid a courtesy call on Foreign Minister
Augustine Kpehe Ngafuan at the Ministry of Foreign Affairs. The visit is aimed
at exploring Indian investment in the Liberian economy.
Ambassador
Soni is former Indian Ambassador to Ukraine, Senegal, Mali, Mauritania, Haiti,
Georgia, Guinea Bissau, Dominican Republic, Cape Verde and Armenia.
The
high level Indian business group was received in audience upon arrival at the
Ministry by Deputy Minister for International Cooperation and Economic Integration,
Hon. Elias Shonoyin on behalf of the Liberia’s Foreign Minister Augustine
Ngafuan.
While
receiving the investors on behalf Minister Ngafuan, Hon. Shonoyin welcomed the
delegation to Liberia and stated that Liberia has an excellent economic
environment for investment but needs robust energy and power supply to attract
investors to the country.
Deputy
Minister Shonoyin told the visiting Indian delegation that Liberia is open to
any Foreign Investor who may want to invest in the country, adding that Liberia
and India are working to expand cooperation aimed at enhancing Indian
investment here.
Deputy
Minister Shonoyin observed that Liberia has rich and virgin resources for
Agriculture purposes but the nation lacks the technical and technological knowhow
to attract mechanized farming to boost its economy.
Earlier,
the Chairman of the visiting Indian Business Team, Ambassador V.B. Soni said he
and his team were in Liberia to invest in the country’s economy through various
sectors including energy, power supply, agriculture and health sector as well
as infrastructural development.
The
former Indian Ambassador and Chairman of
the Oversees Infrastructure
Alliance , noted that since independence, India with all its virgin
resources was unable to feed itself but its success story began with a
revolution that made the nation to produce its own food and secure food
security.
Ambassador
V. B. Soni encouraged Liberia to emulate the good examples of other African
countries which he said are benefiting in Indian investment in millions of
dollars. The head of delegation also disclosed plans by his team to invest in
the transportation sector and the sugar cane industries,
Signed:
Horatio Bobby Willie
Assistant Minister/Public Affairs