President Joseph N. Boakai has departed Liberia for Canada to attend the 2024 Liberia Investment Forum. Speaking with reporters Tuesday, September 17, 2024, at the Roberts International Airport in lower Margibi County, President Boakai said the trip to Canada is an invitation extended to him and intends to make good use of this great opportunity for Liberia’s development.
According to him, Canada is one of those places with lots of opportunities for Liberians living there. He said the forum presents a unique opportunity to not only engage with investors and financial institutions, but also to solidify bilateral relations between Liberia and Canada.
The forum which is expected to take place in Toronto, Canada, on Thursday, September 19, 2024, will be hosted by National Investment Commission (NIC), Liberia Trade & Investment in Canada (TIC) and QE24 Group of Companies (Liberia), Inc.
During the forum, Liberians will showcase diverse investment potential and attract foreign direct investment (FDI) that aligns with the country’s sustainable economic development goals, job creation and industrial growth.
The NIC is the Liberian Government agency responsible for promoting and facilitating investment, while Liberia Trade & Investment in Canada is the Liberian Government entity dedicated to building a dynamic bridge between Liberia’s vibrant economy and the Canadian business community, and the QE24 Group of Companies (Liberia) Inc. is a Liberian company specialized in construction, global trade and business development. Since the diplomatic relations between Liberia and Canada in 1971, there are over 30,000 Liberians residing across Canada, with the majority concentrated in Ontario, Quebec and Alberta.
Despite the significant diaspora population, Liberia has lacked an official presence in Canada since the 1980s. The recent establishment of the Liberia Trade and Investment in Canada, located in Mississauga, Ontario, marks the first official Liberian Government presence in Canada since the war.
By Prince Saah
