President Ellen Johnson-Sirleaf Expresses the Need to Promote US Private Investment

President Sirleaf Expresses the Need to Promote US Private Investment in Liberia

Wednesday, 26th May 2010

Photo Credit: Adama B. Thompson/Executive MansionWashington, D.C. – President Ellen Johnson Sirleaf has expressed the need to promote United States private investment in Liberia as a means to help grow the Liberian economy and create more jobs.

Speaking at a jam-packed breakfast event at the Council on Foreign Relations in Washington, D.C. on Tuesday, President Sirleaf said Liberia welcomes more U.S. private investment involvement, adding that the interests of both countries would be well served.

The Liberian leader said her country appreciates the enormous contributions being made by the U.S. and other partners in the consolidation of peace and reconstruction of Liberia.

She indicated that because of strong support from the US and other international partners, Liberia is making tremendous headways as a post-conflict success, but more challenges remain.

President Sirleaf cited unemployment and limited capacity among the challenges facing post-war Liberia, noting that there was a need for our international partners to focus on how they could assist the Liberian Government in addressing these challenges, as efforts are made to consolidate peace and development.

“We’ve laid the foundation and need to consolidate the gains we’ve made,” President Sirleaf said, adding, “we need to improve education, build capacity and infrastructure, make job available, and improve the quality of life of the Liberian people.”

President Sirleaf emphasized that the young people of Liberia must be given hope by providing them quality education and job training, improve the living conditions of families, and ensure that young people can have jobs and aspire to the best of their abilities.

As part of the government’s plan for sustainable economic development, President Sirleaf said the government is focusing on improvement in the area of agriculture, especially empowering small farmers to be more involved in mechanized and commercial farming.

She lauded the Obama administration for selecting Liberia as one of those countries that would benefit from special support to enhance agricultural development and food security.

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