President Pro Tempore of the Liberian Senate, Albert T. Chie
The Plenary of the Liberian Senate, the highest decision making body of the Upper House, has concurred with the House of Representatives in the passage of two investment incentive agreements.
The Senate concurred with the House in Plenary on Capitol Hill on Tuesday, November 1, 2022.
They are an Investment Incentive Agreement between the Republic of Liberia and G5 Plus Liberia Corporation, on the one hand, and Dura Plast Liberia Incorporated, on the other.
The terms of two Agreements between with the Liberian Government is 15 years each.
Dura Plast’s is worth twenty two Million, five hundred thousand United States dollars, while G5 Plus has an Investment worth Thirty Five Million United States Dollars.
The two Agreements will bring immense benefits not only to the growth in the economy, but will also provide thousands of job opportunities for Liberians.
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