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GVL Machineries: A Good Example for Others to Follow

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On Friday, December 4, 2015, the New Dawn Liberia (quotiung a statement from the National Port Authority) reported the importation of a multi-million dollar worth of equipment into the country by Golden Veroleum Liberia Limited.

The shipment of the equipment is in anticipation of the construction of a Palm Oil processing plant in Liberia’s South-east.
The Consignment of mill equipment, valued over Thirty million United States dollars, is also intended for the construction of a bucking station within the facility of the Port of Greenville in Sinoe County.

The equipment are being shipped to Liberia through the instrumentality of the Vice President of Liberia, Mr. Joseph Boakai, who is reported to have made the request during his visit to Golden Veroleum headquarters in Indonesia.

The first out of four vessels shipping the Mill equipment has already berthed and was discharged at the Port of Greenville, with additional shipments expected shortly – the Golden Veroleum management is quoted as saying.

This may just be good news for Liberia, especially when attempts are being made to improve a discouraging economy. Hats-off to GVL for such a giant step towards manifesting its presence in the country’s socio-economic development. Such move will not only ensure the creation of more jobs for Liberians in the southeast, but add values to the company’s engagements in the country.

As we hail GVL for bringing in such huge economically rewarding machineries, the effort of the Vice President of Liberia warrants the highest degree of commendation. He may just be among the very few Liberian public officials with such sense of patriotism.

As GVL leads the way for the for time since the inception of the Ellen Johnson-Sirleaf Administration, it is not incumbent, but imperative for other companies currently operating in country to follow suit so as to add value to all that they extract from Liberia.

Moreover, for those who sign and ratify mineral development and concession agreements on behalf of the Liberian Government, especially the Legislature – the people’s representative, it now becomes a serious challenge, henceforth, to ensure that issues relative to the necessary machineries for finished products while companies extract the country’s natural resources are enshrined in most – if not all, mineral development/concession agreements.

With what’s obtaining now at GVL, posterity will indeed judge those who sign and ratify agreements hereafter, if they deliberately failed to ensure the economic interest of the nation they claim to love so much.


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