- Search Results
 
 
GOL, China Bank Sign US$50m Loan For RIA
Date Uploaded: Oct 04, 2016

 President Ellen Johnson Sirleaf 

 

GOL, China Bank Sign US$50m Loan For RIA
By Prince S. Nagbe

MONROVIA, October 3 (LINA) – The Governments of Liberia and China, through the Chinese EXIM Bank have signed a US$50 million loan agreement to refurbish the runway and terminal of the Roberts International Airport (RIA).

The ceremony, which took place in the Cabinet Room at the Ministry of Foreign Affairs in Monrovia Monday, witnessed President Ellen Johnson Sirleaf approving the Act Ratifying the China-Liberia Framework Agreement.

Speaking after she approved the agreement, President Sirleaf said the loan agreement between the Liberian Government and Chinese EXIM Bank has made “stronger” the already 10 years of friendship existing between the two countries.

The Liberian leader recalled that China has been very instrumental in Liberia’s development effort over the past 10 years, especially in the areas of roads, electricity, and peace-keeping, among others.

President Sirleaf also recounted the refurbishing of the Samuel K. Doe Sports Complex, the construction of the modern Monrovia Vocational Training Center (MVTC) as some of the development support China is rendering Liberia.

She, however, called on the Chinese Government to speed up the construction of the Ministerial Complex which, when completed, will see some government ministries and agencies move from rented and unsuitable structures to a more modern and technological complex.

Finance Minister Boima Kamara signed for the Liberian Government, while Chinese Ambassador, Zhang Yue, signed on behalf of the Chinese Government.
LINA PSN/TSS/PTK

latest headlines
‘Poverty Rate Still High In Africa,’ Says WB Lead Economist
World Bank Lead Economist and the author of the Africa’s Pulse Report, Punam Chuhan-Pole, has observed that with poverty rates still high in th ...more
African Media Group Condemns Killing Of Nigerian Journalist
The Media Foundation for West Africa (MFWA) says it has received with shock reports that Famous Giobaro, a desk editor with the state-owned Glory ...more
LNP Assures Female Contestants Of Full Protection
Police Inspector General Gregory Coleman has assured women vying in the October elections of full police protection during their campaign process ...more
WFP Official Urges Joint Efforts For ‘Zero Hunger’ Goal In Liberia
The World Food Program (WFP) Regional Director for West and Central Africa, Abdou Dieng, has called for collaborative efforts by Liberians to ach ...more
Apostle Suleman Coming To Liberia Again
The President and Founder of the Nigeria-based Omega Fire Ministries (OFM) international is due in the country for a two-day crusade beginning Ma ...more
Police Chief Nudges Youth To Embrace Peace
Police Inspector-General Gregory Coleman has called on Liberian youths to do away with violence and embrace positive thoughts and actions for the ...more
 
All rights reserved © 2013 - 2014
Liberia News Agency