LIBERIA
too many opportunities, too few tappers

Introduction - Economy / Banking - Agriculture - Fisheries - Privatization - Telecommunications
Electricity - Water and sanitation - Transportation - Maritime - Mining - Investment - Trade and Commerce Manufacturing - Foreign Affairs - Society - Energy - Tourism



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.

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© World INvestment NEws, 2001.
This is the electronic edition of the special country report on Liberia published in Far Eastern Economic Review.
June 21st, 2001 Issue.
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