The Liberia Particular Financial Zones Authority (LSEZA) has formally turned over the Particular Agro-Processing Zone (SAPZ) venture web site in Grand Bassa County to the contractor, HM & A, marking a significant milestone within the Authorities of Liberia’s agro-industrial growth agenda.
Underneath the African Growth Financial institution (AfDB)-funded contract, HM & A will perform web site clearing, fencing, creation of entry for energy transmission traces, and building of a 4.7-kilometer entry highway resulting in the proposed agro-industrial park.
The venture, anticipated to final for 18 months, covers over 210 hectares of land designated for the event of a contemporary Particular Agro-Processing Zone. The land was voluntarily supplied by residents of the affected communities, who had been resettled by the Authorities of Liberia via the permitted Resettlement Motion Plan (RAP).
Talking on behalf of Vice President Jeremiah Kpan Koung, Dr. Macdonald Metzger, Deputy Chief of Employees for Administration, stated the SAPZ venture displays the Authorities of Liberia’s dedication to job creation and inclusive progress, noting that the initiative will unlock funding alternatives, add worth to agricultural manufacturing, and place Liberia as a aggressive agro-industrial vacation spot.
For his half, Prince Wreh, Head of the Liberia Particular Financial Zones Authority, emphasised that the turnover alerts a shift from planning to implementation. He additional famous that the Liberia Particular Financial Zones Authority was established to designate and put together investment-ready financial zones and that the SAPZ will function a catalyst for agro-processing, export enlargement, and large-scale employment, notably for the individuals of Grand Bassa County.”
The event of the SAPZ is anticipated to generate employment alternatives for residents of surrounding communities whereas attracting each home and international buyers to a virgin, absolutely ready industrial web site meant to spice up exports and financial progress.
The ceremony was attended by the Senate Professional Tempore, the Superintendent of Grand Bassa County, and members of the county’s legislative caucus, who collectively pledged their help towards reworking Grand Bassa right into a strategic commerce and industrial hub for Liberia’s growth.
The SAPZ initiative underscores LSEZA’s statutory mandate to develop Particular Financial Zones throughout Liberia as engines for industrialization, funding attraction, and sustainable financial transformation.
