<< Back             Poser >> Liberia signs deal to build airport city Business A new deal has been reached to transform Liberia’s International Airport into a modern airport city. Margibi County, Liberia, May 9, 2025-The Liberia Airport Authority (LAA), in partnership with the Liberia Special Economic Zones (LSEZ), has signed a Memorandum of Cooperation (MoC) to establish the country’s first Airport Special Economic Zones (ASEZ) at Roberts International Airport (RIA), marking a major milestone in the Government of Liberia’s infrastructure-led development strategy. The signing ceremony, held Thursday, May 8, 2025, at Roberts International Airport in Margibi County, brought together key executives from both institutions and underscores the government’s commitment to transforming the aviation sector into a powerful engine for economic growth and diversification. The ASEZ initiative is designed to convert designated airport lands into modern business and industrial hubs that promote light manufacturing, logistics, infrastructure development, and commercial activity. The zones are expected to boost foreign direct investment (FDI), generate new jobs, and stimulate sustainable economic growth in Liberia and the broader West African region. “This agreement lays the foundation for a vibrant airport city,” said Mr. Jero Mends-Cole, Managing Director of the Liberia Airport Authority. “By designating airport lands as Special Economic Zones, we’re creating a space that attracts investment, drives economic diversification, and enhances Liberia’s position in regional and global markets.” The MoC represents a joint strategic effort to leverage Liberia’s unique geographic advantage and existing airport infrastructure to establish a globally competitive economic zone. “Liberia’s geographic position offers a gateway to West Africa,” said Hon. Prince A. Wreh, Executive Chairman of the Liberia Special Economic Zones Authority. “This initiative leverages that strength, alongside our airport infrastructure, to create an environment that supports trade and sustainable economic activity across the region.” The launch of the ASEZ initiative coincides with the Liberia Airport Authority’s upcoming modernization program for Roberts International Airport. Planned infrastructure upgrades include, Modernized terminal facilities, Enhanced runway and taxiway conditions, Upgraded firefighting and safety systems, Improved power supply infrastructure, and Deployment of advanced aviation technologies. These developments are expected to improve operational efficiency, increase passenger and cargo capacity, and create a more attractive and competitive investment climate. The Liberia Airport Authority remains committed to playing a central role in Liberia’s economic transformation by developing airport infrastructure that supports trade, investment, and regional integration. New Dawn Liberia	Liberia: Low Inflation, High Cost of Living: Senator Konneh Raises Alarm Over Rising Fuel and Commodity Prices, High Interest Rates Squeezing Liberian Monrovia- The Chairman of the Senate Committee on Public Accounts and Audit Amara Konneh has observed that the increase in macro-economic stability in Liberia, low inflation and the… Liberia: New executive order prepares the ground for a permanent railway regulator, four years after the idea was first launched by decree MONROVIA – Liberia’s President Joseph Nyuma Boakai has issued a new executive order setting out how the country’s interim railway office will finish its work and hand over… Liberia: Supreme Court Full Bench Hears SRIMEX-LPRC Dispute Over Arbitration, Fuel Pricing MONROVIA – The Full Bench of the Supreme Court of Liberia is hearing a high-stakes commercial dispute between SRIMEX Oil & Gas Company and the Liberia Petroleum Refining Company… Bank of Ghana woos Asian investors with lower inflation, improved credit rating The Bank of Ghana (BoG) has urged Asian investors to take advantage of Ghana’s easing inflation, improved debt sustainability and upgraded sovereign credit rating to explore investment opportunities in the country. Cybercrime: FBI arrests nine suspects in Nigeria, seizes 53 electronic devices The United States Federal Bureau of Investigation, FBI, has arrested nine suspects in Nigeria over alleged involvement in international cybercrime networks accused of defrauding victims, particularly Americans. The operation, codenamed 'Operation Blackout', also led to the seizure of 53 electronic devices and the identification of $11 million in funds potentially eligible for freezing across multiple […] Cybercrime: FBI arrests nine suspects in Nigeria, seizes 53 electronic devices Nigeria needs 9% annual growth to reduce poverty – Soludo Governor Chukwuma Soludo of Anambra says Nigeria needs an annual economic growth of at least nine per cent to significantly reduce poverty and create jobs.