Construction Sector: Challenges of Liberian Owned Firms - News Summed Up

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Construction Sector: Challenges of Liberian Owned Firms


While there are repeated concerns about Liberian firms marginalization in the construction sector created by several underlining factors, Johnson says one of the reasons is stereotypical. “I think the government needs to give Liberian companies some kind of tax incentives or have some agreement with the bank to grant Liberian companies loans, which would help the sector thrives,” he said. It was not just building the hospital but opening corridors for Liberian companies to succeed and inject life into the construction sector, he said of the firm’s decision. He is opting for a conglomeration of Liberian firms into a consortium. This, he said, would means stepping toward a new and robust approach in dealing with the challenges dogging locally owned construction and engineering firms.


Source: Front Page Africa April 01, 2018 22:41 UTC



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