Published: October 1, 2025
MONROVIA, Liberia — The Liberia Special Economic Zones Authority and the Liberia Revenue Authority have signed a landmark memorandum of understanding designed to make Liberia more competitive for investment and trade.
The agreement sets clear criteria for performance-based tax incentives, linking them to measurable outcomes such as job creation, infrastructure expansion, green energy and technology investment, and increased exports. Both agencies will jointly monitor and evaluate each designated special economic zone to ensure compliance and impact over time.
LSEZA Executive Chairman Prince Wreh hailed the deal as “a monumental milestone that puts the Special Economic Zones Authority on an irreversible path toward establishing a one-stop shop for trade and investment.”
He said the partnership would eliminate bureaucratic bottlenecks and sharpen Liberia’s edge in the global market by providing targeted incentives.
“This MOU strengthens our ability to attract investment and trade opportunities that will create jobs and drive sustainable economic growth,” Wreh said.
LRA Commissioner General James Dorbor Jallah called the signing “a pivotal moment for industrialization, trade facilitation and sustainable growth through the development of SEZs.”
“The LRA will continue to support the work of LSEZA to ensure best practices and maximize development benefits for Liberia,” Jallah added.
Created in 2017, LSEZA is mandated to designate, regulate and manage special economic zones nationwide to provide a stable regulatory environment and a streamlined investment process. The agency’s goal is to attract domestic and foreign investment, spur job creation and accelerate Liberia’s economic growth.
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