H.E. President Joseph Nyuma Boakai, Sr., (middle) and Liberian Government officials pose for a photo with leaders of the Italian Business Group, Confimea Mediterraneo, after a meeting in Rome, Italy, October 16, 2024
H.E. President Joseph Nyuma Boakai, Sr., (middle) and Liberian Government officials pose for a photo with leaders of the Italian Business Group, Confimea Mediterraneo, after a meeting in Rome, Italy, October 16, 2024

Italian Business Group to visit Liberia soon on a trade and investment mission

An Italian business conglomerate, Confimea Mediterraneo, is expected to visit Liberia soon on a trade and investment mission.

The group which comprises more than 250 Italian enterprises met with President Boakai in Rome, Italy, on Wednesday, October 16th to discuss investment opportunities in Liberia. The group’s members are specialized in health, green economy, agriculture, oil and gas, construction, food, transportation and logistics.

Confimea Mediterraneo is an integral part of the Italian Government’s investment plan for Africa, dubbed Mattei.
President Boakai assured the group that Liberia is a virgin destination for investment with an investor-friendly environment and culture.

He admonished the group that doing business in Liberia offers profitable opportunities and that the Government looks forward to engaging with the group.

The expansion of Liberia’s four seaports, Monrovia, Buchanan, Greenville and Harper, the President said, presents enormous business opportunities that he admonished the group to tap into, in addition to opportunities in the hospitality industry and the country’s pending coastal highway project.

President Boakai also assured the group that Liberia is consolidating its democracy and rule of law culture, and that investors can be assured that their investments in Liberia will be secure.