FISHERIES |
Fisheries provide another investment potential in an area generally thought to contain vast assets of Liberia. The country has a very long coastline of some 350 miles of "rich water" parading a catalogue of marine species and exotic seafood.
Extra large crabs, lobsters, shrimps and a countless number of fish species are endemic to the Liberian coastal waters.
At the moment, the government runs short-term agreements with groups and individuals who do fishing within its territorial waters, while others operate cold storage in country to supply the local market and sort out exportable species.
| The Agriculture Ministry is working with a certain Asian group to explore the possibility of setting up a tuna fish industry in the country.
"At a certain time I thought it was a big error to come a bit early, but today I believe it was a very good decision. Liberia has the natural resources and it's worth taking a look at," comments Mr. George Haddad, President and Managing Director of the Haddad Group of Companies, a conglomerate of five leading companies in Liberia. |