Liberia’s Energy Sector Gets German Boost
In an effort to improve the energy sector of Liberia, the Federal Government of Germany has provided 15 million Euros grant to the Liberian Government.
Speaking recently after a signing ceremony, President Ellen Johnson-Sirleaf said the amount would greatly help government to provide electricity to thousands of households as well as businesses in Montserrado County.
She explained that the grant would most importantly enable the Liberia Electricity Corporation. It will connect residents of Clay Ashland in rural Montserrado, Double Bridge Community and Duport Road.
The Liberian leader said that the connection of these communities will help to address power theft. This ill behaviour is creating serious financial burden for government. She disclosed that funding is enough to connect 93,000 residents of Bomi County, Kakata and RIA in Margibi County.
The president said work would begin next month and will be completed in 18 months. By that time, she will be out of office.
President Johnson-Sirleaf also disclosed that funding is available to construct a dam on the Via River. This dam would ensure the Hydro remains functional at full capacity during the dry season.
Johnson-Sirleaf Commended Germany for continuously supporting Liberia in its major development drive. Earlier, Germany’s Ambassador to Liberia Hubert J. Jager said the grant is a demonstration of his country’s continuous commitment to Liberia’s development initiatives.
Ambassador Hubert said Germany attaches importance to Liberia’s energy sector. For this reason, it decided to commit 15 million Euros to the sector.
The German Ambassador has expectations that the grant will be in use for its set purpose. He recalled that Germany has provided about 450 million Euros to Liberia since cooperation between the two countries began more than a century ago, with the Johnson-Sirleaf’s administration getting 290 million.
For his part, Finance Minister Boima Kamara said the grant would enable LEC to connect 15,000 households and businesses. In conclusion, he said the grant would strengthen Liberia’s economy. This is bearing in mind the importance of a vibrant energy sector to the country’s growth.
The signing of the Hong Kong-ASEAN free trade agreement (FTA) will bring ample opportunity for the...
Members of the Association of Southeast Asian Nations (ASEAN) are the prior and primary partners o...
- Sandan Development plans Omani industrial park 366
- Major facelift as construction of roads in Lagos metropolis in Nigeria begins 201
- Government Issues Shiraz Metro Tender 194
- Philippine’s DOTC begins bidding for $3.77bn North-South railway project 174
- Xinjiang Medical University builds new campus in Karamay 145
- CCCC to build industrial park in Jalisco State 142
- Newly constructed Dangote Petrochemicals refinery in Nigeria to start operation 110
- Kenya to Construct $170 Million Power Lines Connecting Turkana Wind Farm to National Grid 108
- Norwegian firm Scatec begins plans to construct solar plants in Egypt 105