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Liberian vice-president invites Chinese companies to invest, in Guangzhou

By , based on The Liberian Investigator

Liberian vice-president invites Chinese companies to invest, in Guangzhou

Liberian Vice-President Jeremiah Kpan Koung urged Chinese companies to invest in Liberia’s agriculture, renewable energy, manufacturing and infrastructure. He was speaking on Monday 9 November in Guangzhou at an exchange organised by the China-Africa Business Council, and promised to follow up on proposals with Liberia’s embassy in China, according to The Liberian Investigator.

Liberian Vice-President Jeremiah Kpan Koung invited Chinese companies on Monday 9 November to invest in agriculture, renewable energy, manufacturing and infrastructure. He was speaking in Guangzhou at a business forum organised by the China-Africa Business Council, at the YuLong Fashion Plaza.

"Liberia is open for business," he said. His office will work with Liberia’s embassy in China to follow up on proposals from interested investors, connect them with public institutions and help them with registration procedures. He presented his country as a gateway to neighbouring Guinea, Sierra Leone and Ivory Coast.

Agriculture took centre stage: Famsun, a Chinese company specialising in agro-industrial technology and equipment, presented avenues for cooperation in grain storage, flour milling, rice and animal feed.

The move follows China’s stated wish, reported on 6 November, to increase its agricultural imports from Liberia.

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