A delegation of Italian business leaders from Confimea Mediterraneo, representing over 250 enterprises across various sectors, paid a courtesy visit to President Joseph Boakai on Wednesday, October 16, 2024 in Rome, Italy.
The meeting, organized by the Liberian Embassy in Rome, led by Counselor Theresa Peters, is part of ongoing efforts to deepen Liberia’s economic ties with Italy.
Confimea Mediterraneo, a key participant in Italy’s Mattei Plan for Africa, represents businesses in sectors such as healthcare, green energy, agriculture, oil and gas, construction, and logistics.
According to a dispatch from Rome, Italy, President Boakai extended a formal invitation to the Italian investors, encouraging them to visit Liberia and explore opportunities in their areas of interest.
Boakai also highlighted Liberia’s favorable investment climate and untapped potential in critical sectors, including energy, infrastructure, agriculture, and healthcare and assured the Italian investors of the country’s political stability and readiness to support their ventures.
“We invite you to Liberia to explore the vast opportunities that exist, especially in sectors like green energy, infrastructure, and healthcare. Liberia is open for business, and we are committed to fostering partnerships that will benefit both our country and your enterprises”, President Boakai said.
Information Minister Jerelimek Piah, emphasized the importance of tourism as a growing sector in Liberia, highlighting the country’s rich cultural heritage and natural resources, which present unique opportunities for investment in hospitality and tourism infrastructure.
“Liberia is poised to become a premier tourist destination in West Africa. We invite Italian investors to explore opportunities in our hospitality sector, which can greatly enhance our economic growth while showcasing the beauty of our nation,” Piah stated.
Meanwhile, Agriculture Minister Alexander Neutah, focused on the agricultural sector, discussing the potential for collaboration in food production and agricultural development.
He highlighted Liberia’s fertile land and favorable climate as key factors that make the country ideal for agricultural investment, thus encouraging the Italian investors to consider partnerships in areas such as rice production, sustainable farming practices, and agro-processing.
The investors have meanwhile expressed interest in exploring sectors such as healthcare, green energy, deforestation control, waste management, and infrastructure development in Liberia.
