Monrovia Industrial Park: 200 acres with essential infrastructure
Monrovia Industrial Park: 200 acres with essential infrastructure
Located in the capital city, the Monrovia Industrial Park was established through an Act of the National Legislature in 1965 to promote and incentivize domestic and foreign investments in manufacturing. It is a key development project aimed at boosting Liberia's economy and promoting industrialization.
Located in the capital city, the Monrovia Industrial Park was established through an Act of the National Legislature in 1965 to promote and incentivize domestic and foreign investments in manufacturing. It is a key development project aimed at boosting Liberia's economy and promoting industrialization.
Liberia's Landscape
Liberia's Landscape
The original land allocated for industrial development was 1,112 acres. Over time, the Park was heavily encroached upon by squatters and claimants. In 2013, a decision was reached to reclaim approximately 400 acres. Following a 2-year period of community engagement and legal action, Phase I, the demolition of an initial 200 acres, has been completed.
The original land allocated for industrial development was 1,112 acres. Over time, the Park was heavily encroached upon by squatters and claimants. In 2013, a decision was reached to reclaim approximately 400 acres. Following a 2-year period of community engagement and legal action, Phase I, the demolition of an initial 200 acres, has been completed.
Currently, three factories are fully operating inside the MIP: TIBA Group Industries produce biscuits and confectionary, NP Liberia packages cooking gas and Garson Steel manufactures wire nails. Besides, four investors are currently developing their sites: West African Venture Fund (noodles and packaging), Sethi Brothers (steel), Premiere Milling (wheat flour) and Supreme Mattresses (mattresses).
Currently, three factories are fully operating inside the MIP: TIBA Group Industries produce biscuits and confectionary, NP Liberia packages cooking gas and Garson Steel manufactures wire nails. Besides, four investors are currently developing their sites: West African Venture Fund (noodles and packaging), Sethi Brothers (steel), Premiere Milling (wheat flour) and Supreme Mattresses (mattresses).
Key Features & Benefits
Key Features & Benefits
Modern Infrastructure:
The Park provides essential infrastructure, including roads, electricity, water, and telecommunications facilities, to support industrial operations.
Modern Infrastructure:
The Park provides essential infrastructure, including roads, electricity, water, and telecommunications facilities, to support industrial operations.
Tax Incentives:
Investors can benefit from various tax incentives, such as corporate tax holidays and exemptions, to reduce their operating costs.
Tax Incentives:
Investors can benefit from various tax incentives, such as corporate tax holidays and exemptions, to reduce their operating costs.
Custom Clearance Facilities:
The Park features on-site customs clearance facilities, streamlining the import and export processes for businesses.
Custom Clearance Facilities:
The Park features on-site customs clearance facilities, streamlining the import and export processes for businesses.
Skilled Workforce:
Liberia has a growing pool of skilled labor, making it an attractive destination for industries seeking a competitive workforce
Skilled Workforce:
Liberia has a growing pool of skilled labor, making it an attractive destination for industries seeking a competitive workforce
Strategic Location:
Monrovia Industrial Park's location in the capital city provides easy access to transportation networks and markets.
Strategic Location:
Monrovia Industrial Park's location in the capital city provides easy access to transportation networks and markets.
Industries Attracted to the Park:
Industries Attracted to the Park:
Manufacturing: The Park is well-suited for a variety of manufacturing industries, including textiles, food processing, and assembly operations.
Logistics and Distribution: Its strategic location makes it an ideal hub for logistics and distribution companies serving the West African region.
Technology and Innovation: The Park is also attracting technology and innovation companies, seeking to leverage Liberia's growing digital economy.
Furthermore, the country’s natural resources allow for sustainable agricultural practices that are in line with global trends. The consistent rainfall reduces the need for artificial inputs, while the fertile soil minimizes the necessity for chemical fertilizers. These factors make organic farming in Liberia not only feasible but also highly profitable, offering significant returns for investors while promoting environmental stewardship.
Furthermore, the country’s natural resources allow for sustainable agricultural practices that are in line with global trends. The consistent rainfall reduces the need for artificial inputs, while the fertile soil minimizes the necessity for chemical fertilizers. These factors make organic farming in Liberia not only feasible but also highly profitable, offering significant returns for investors while promoting environmental stewardship.
In conclusion, Liberia’s vast arable land, combined with its commitment to organic, non-GMO agriculture, presents a compelling opportunity for sustainable agricultural investment. The country’s fertile soils, favorable climate, and extended monsoon season create an ideal environment for growing a diverse range of high-quality, organic crops. By leveraging these natural advantages, Liberia is poised to become a leader in the global organic agriculture market, offering substantial benefits for both the economy and the environment.
In conclusion, Liberia’s vast arable land, combined with its commitment to organic, non-GMO agriculture, presents a compelling opportunity for sustainable agricultural investment. The country’s fertile soils, favorable climate, and extended monsoon season create an ideal environment for growing a diverse range of high-quality, organic crops. By leveraging these natural advantages, Liberia is poised to become a leader in the global organic agriculture market, offering substantial benefits for both the economy and the environment.
Economic Impact:
Economic Impact:
Monrovia Industrial Park is expected to have a significant economic impact on Liberia. It will create jobs, increase exports, and attract foreign investment. By promoting industrialization, the park will contribute to the country's economic diversification and reduce its dependence on commodities.
Monrovia Industrial Park is expected to have a significant economic impact on Liberia. It will create jobs, increase exports, and attract foreign investment. By promoting industrialization, the park will contribute to the country's economic diversification and reduce its dependence on commodities.
Contact Us
Liberia SEZ Authority VP Road,
Old Road Monrovia, Liberia
Email: info@liberiaseza.gov.lr
Line 1: +231(0)888229122
Line 2: +231(0)888662955
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Stay up to date with all the latest industry news
Contact Us
Liberia SEZ Authority VP Road,
Old Road Monrovia, Liberia
Email: info@liberiaseza.gov.lr
Line 1: +231(0)888229122
Line 2: +231(0)888662955
Get Email Updates
Stay up to date with all the latest industry news
Contact Us
Liberia SEZ Authority VP Road,
Old Road Monrovia, Liberia
Email: info@liberiaseza.gov.lr
Line 1: +231(0)888229122
Line 2: +231(0)888662955
Get Email Updates
Stay up to date with all the latest industry news
