Hearings to begin into huge investment contracts


Written by Julius Kanubah
Source: Star Radio Liberia

A joint Legislative committee is to resume hearing into the 120 million US dollars agreement for the Freeport of Monrovia.
 The hearing comes days after National Port Authority Managing Director Matilda Parker expressed concerns over some components of the APM Terminals contract.

The Chairmen of the National Investment Commission and the Public Procurement and Concession Commission will address the hearing.

Others are the Managing Director and Board of Director of the NPA and the Ministers of Justice and Finance.

Meanwhile, the House has announced another hearing into the agreement between government and the Putu Iron Ore Mining Incorporated.

The Putu mineral development agreement relates to iron ore mining in Grand Gedeh and other Southeastern Counties.

The House said the hearing will focus on the economic and social benefits of the agreement.

Government negotiators and executives of the Putu Iron Ore Mining Incorporated are to address the hearing.

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