New Liberian project proposed to NIC

Capital Link Corp has proposed a new Liberian cement plant project to the country’s National Investment Commission (NIC). Moullela Gray, chair of NIC, has disclosed to the Senate Committee on Concession and Investment that the country stands to benefit from US$35m during 15 years of operation.

Mr Gray also noted that the company is in discussion with Guinea to finalise an implementation agreement for the transhipment of iron ore through Liberia and that the proposed plant for Buchanan would service the lower part of Guinea, according to The New Dawn.