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NEWS : Local News  

Sierra Leone President Koroma Woos International Investors
By Awareness Times
Oct 16, 2009, 16:32
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Local news reports have reported that as a result of efforts by the sitting President of Sierra Leone, H.E. Dr. Ernest Bai Koroma, Brazilian investors from a variety of industries were in Sierra Leone for two days to look into the possibility of them investing in the country. Koroma, himself a former businessman recently paid a visit to Brazil with a high powered delegation during which he promoted the value of doing business in Sierra Leone.

President Koroma is reported to have stated: I welcome our Brazilian friends to Sierra Leone, and am glad that they will have the chance to see first hand the many economic opportunities Sierra Leone has to offer. From mining to infrastructure, agribusiness to renewable energy, our economy has great potential and it is good to see that a growing number of international investors are recognizing that. The 22-man Brazilian delegation is believed to have flown out of the country yesterday. It was headed by Brazils Deputy Minister of Commerce.

Meanwhile, the Koroma Government is expecting throngs of international investors to attend a Trade & Investment Forum that the country will be hosting in London next month. Sierra Leone has, over the years, been steadily climbing the ratings of the World Banks places with ease of doing business.


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