Some 12 Turkish companies have invested in Liberia, the heart of rubber and cocoa, while dozens have been exploring new investment opportunities. A number of Turkish companies, including Dedeman, Petlas, Demsa, energy vessel manufacturer Karadeniz Holding, Barer Holding and Dosso Dossi Holding have been researching investment opportunities in Liberia, where Turkish investors are given preferential treatment. Among the most popular sectors for investment in Liberia are rubber, cocoa, gold, and diamond products, as well as mineral, timber, and forest products. Stating that Turkish companies also operate gold mines in Liberia, Yılmaz further pointed to the growing interest of Turkish businesspeople in Liberia. “We can say that Turks are extracting the mine of Liberia,” Yılmaz said, recalling that the U.S.-based Firestone established a tire production city in Liberia.

Source: GNN Liberia February 02, 2020 20:02 UTC