Published: October 18, 2024
MONROVIA — South Korean businessman and CEO of AUDUS Resource Investment Company, Park Ji Gon, has arrived in Liberia with a robust investment plan aimed at stimulating the country’s economy. Park announced a promising investment of $35 million into Liberia’s mining, construction, and agriculture sectors as a starting point, with intentions to expand into additional areas.
During his visit, Park highlighted the significant potential for economic growth in Liberia, stating, “Liberia has a great prospect for the future and encourages diverse investments.” He emphasized that sectors like mining, construction, and agriculture are not only vital for economic expansion but also instrumental in creating job opportunities, enhancing the quality of life, and improving food security in Liberia.
Park’s commitment extends beyond financial investment; he aims to forge strong bilateral ties between Liberia and South Korea. “Working and investing in Liberia would be one of my greatest achievements,” Park remarked. He expressed his dedication to supporting the country’s economy, providing employment for Liberians, and strengthening the bond between the two nations.
The investment aligns with President Joseph Nyuma Boakai’s vision of enhancing Liberia’s international partnerships and tapping into the country’s potential in key sectors such as energy, infrastructure, education, and healthcare. President Boakai has reaffirmed Liberia’s openness to business and readiness to support potential ventures, declaring, “Liberia is open for business, as always.”
While in Liberia, Park is scheduled to meet with key government officials, including Mines and Energy Minister Wilmont Paye and Agriculture Minister Alexander Neutah, to discuss sustainable development opportunities. These meetings aim to reinforce existing relationships and explore new avenues for investment, leveraging Liberia’s fertile land and favorable climate.
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