Germany Wants Contractor Take Over Re-Construction

The Ambassador of Germany accredited to Liberia, Bodo Schaff, Monday launched a new private sector empowerment initiative with an initial investment of 5 million Euros. The initiative, which is referred to as the "Germany Desk", was launched at the Liberia Chamber of Commerce in Monrovia to foster mutual economic and industrial cooperation between Liberian and German construction contractors operating in the transport sector. He said it is Liberia private sector that needs to be strengthened in order to play a major role in the inclusive development of the country's Poverty Reduction Strategy (PRS).