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Lofa Rep. Wants Public Entities Diversify.......
Date Uploaded: Jun 08, 2014

Lofa County Representative Eugene F. Kparkar

 

 

Lofa Rep. Wants Public Entities Diversify Investments

By Calvin Brooks

MONROVIA, June 8 (LINA) - Lofa County Representative Eugene F. Kparkar has challenged public corporations in Liberia to diversify their investments to boost the economy and foster infrastructure development in the country.

Representative Kparkar observed that if public corporations were diversifying their investments through building real estate, hotels and complexes, they would contribute to the transformation of Liberia over a period. 

The Lofa County lawmaker made the remarks over the weekend at the dedication ceremony of the NASSCORP-House at the ELWA Junction in Paynesville outside Monrovia.

He stated that for too long Liberian public corporations have been stuck to their mandates, but noted that diversification is the new order of the day, adding, as public entities diversify their investments they will add momentum to the development drive of the country.

He indicated that the NASSCORP-House has given a face-lift to the city of Paynesville, while the Central Bank of Liberia building is changing the face of Monrovia.

He said this is something that other public corporations should emulate, noting that  “within the next five years, Liberia would experience modern development across the nation they diversify.”

Representative Kpankai then lauded President Ellen Johnson Sirleaf and the management of the NASSCORP for their vision to undertake such a project, adding, that “leaders are judged by the indisputable legacy they leave behind.”

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