Mob violence scares Investors

The Executive Director of the National Investment Commission, George G. Wilsner, says the continuous mob violence in the country was scaring so many Investors away.

Speaking at the News conference at the Information Ministry on September 15, 2015, Commissioner Wilnser, said Private Businesses from Liberia that attended a forum held in New York recently, told the success story of Liberia and encouraged International Investors to come and invest in the country’s economy.

He also indicated that private businesses owners who were determined, transported themselves just to encourage more than 100 investors to come and invest in the Liberian Economy. He noted that in order for investors to come and invest in Liberia’s Economy, Liberians needed to keep the peace and stability.

The NIC boss noted that incentives are given to some businesses in Liberia, stressing that such businesses were able to empower Liberians.  He said the Dura Plast Company was given incentives by the NIC, which has empowered more than 50 Liberians and started exporting plastic chairs, tables, buckets and other materials to Sierra Leone.

He added that in the wake of the Ebola virus outbreak, many investors were driven away, and now that Ebola was no more, mob violence shouldn’t drive investors away. For his part, Information Minister Lewis G. Browne said mob violence undermines the rule of law and destroys developments in the country.

He said from January to September 2013, there were 46 mob violence cases in Liberia, while there were 32 in 2012, adding that in 2015, the country continues to experience mob violence cases in Montserrado, Sinoe, Grand Bassa, River Gee and Nimba counties.

By Ethel A. Tweh -Edited by George Barpeen