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Kamara Says Gov’t Delivering Tangible Change
Date Uploaded: Oct 04, 2016

 Finance and Development Planning Minister Boima S. Kamara

 

Kamara Says Gov’t Delivering Tangible Change

By Prince S. Nagbe

MONROVIA, October 4 (LINA) – Finance and Development Planning Minister Boima S. Kamara has stressed that the government was making headways in delivering tangible change for the Liberian people.

He spoke at the official signing ceremony of a US$50 million loan agreement between the Liberian Government and Chinese EXIM Bank to refurbish the runway and terminal of the Roberts International Airport (RIA).

Kamara indicated that the government is grateful for the relationship between Liberia and China, which saw the signing of the loan agreement, adding “We are transmitting investment into airports and seaports for export; roads and power, better hospitals and flourishing farms.”

“We are committed to continuing this partnership and would like for both countries to collaborate more closely in delivering the financing committed by EXIM Bank,” Finance Minister Kamara emphasized.

He noted that the rehabilitation of the RIA is a great symbol of Liberia’s growth trajectory, which every Liberian and international partner seek to ensure the recovery of the country’s economy following the fight against the Ebola Virus Disease (EVD).

“The reconditioning of the airport will increase the country’s traffic back to over 19 percent which was the case prior to the Ebola outbreak; increase the airport’s capacity to serve more flights and passengers as well as increase traffic flow to US$400,000 annually,” Kamara pointed out.

He added that the coming into full realization of the airport agreement will also improve services at the RIA, raise additional revenue and attract private partners and foreign investments as the airport is a key component of the government’s development plan.

Kamara therefore called on the management of the Liberia Aviation Authority (LAA) to ensure that the institution attracts more airlines to the airport upon the completion of the project, as the government remains deeply committed to improving the partnership to move the project forward.

In remarks at the ceremony, Chinese Ambassador Zhang Yue said his country is encouraged by the approval of the China-Liberia Framework Agreement by President Ellen Johnson Sirleaf and the signing of the loan agreement between the Liberian Government and Chinese EXIM Bank.

Ambassador Zhang indicated that the refurbishing of the RIA terminal and runway is vital to the country’s growth and development as the airport will experience an increase in traffic flow and revenue generation.

He disclosed that when completed the airport will cover an area of 5,000 square meters and accommodate about 220,000 people.
LINA PSN/TSS/PTK

 

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