Mar 6 • 09:45 UTC 🌍 Africa AllAfrica

Liberia: Liberia Eyes Blue Economy Boom

The Liberian government is organizing a National Fisheries Investment Conference to attract global investors for its underutilized marine resources.

The government of Liberia is making significant strides to develop its blue economy by focusing on its extensive marine resources. A major initiative in this regard is the upcoming National Fisheries Investment Conference, set for March 30-31 at the Farmington Hotel. This two-day event is organized by the National Fisheries and Aquaculture Authority (NaFAA) and aims to draw the attention of international investors and stakeholders to explore the investment opportunities within Liberia's fisheries sector. With the potential to create jobs, enhance food security, and promote sustainable growth, this conference is a crucial step for Liberia's economic growth.

NaFAA Director General J. Cyrus Saygbe Sr. highlighted the importance of this conference during a press briefing. He emphasized that Liberia's fisheries resources have been largely untapped despite the strategic location of the country along the Atlantic Ocean. By bringing together international investors, policymakers, scientists, and fisheries experts, the conference is anticipated to identify viable paths for the advancement of the fisheries sector, which is integral not just to the economy but also to the overall livelihoods of the Liberian people.

The development of Liberia's blue economy is expected to foster sustainable practices while also addressing issues related to food security in the region. As global demand for sustainable fishery practices grows, Liberia's commitment to unlocking its marine potential could play a significant role in enhancing its economic landscape and ensuring a more secure food supply for its population.

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