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The National Investment Board (NIB) of Sierra Leone hosted a high-level meeting with a delegation of Indian investors on a scoping mission to the country.
The discussions, held at the Youyi Building in Freetown, showcased Sierra Leone’s vast investment potential and underscored its commitment to fostering foreign direct investment (FDI).
The session was spearheaded by Deputy Minister of Mines and Mineral Resources, Umaru Napoleon Koroma, who welcomed the investors and introduced the NIB team. He emphasized the Board’s strategic role in driving investment initiatives, noting its leadership by President Julius Maada Bio and Vice President Mohamed Juldeh Jalloh. This structure, Koroma stated, reflects the government’s prioritization of economic growth through private sector partnerships.
Dr. Edward Hinga Sandy, Executive Director of the NIB, presented an overview of Sierra Leone’s investment opportunities. He highlighted the country’s competitive advantages, including duty-free trade access and beneficial agreements with global markets. Dr. Sandy assured investors of a conducive business environment supported by government policies aimed at ensuring profitability and sustainability.
“Our country is ready and eager to partner with investors who see the potential for growth and innovation here,” said Dr. Sandy. “We are committed to supporting ventures that will benefit not only the investors but also the people of Sierra Leone.”
Leading the Indian delegation, Dr. Opesh expressed appreciation for the warm reception and acknowledged the promising prospects observed during their engagements. “We see significant opportunities across various sectors and are optimistic about forging a robust investment relationship with Sierra Leone,” Dr. Opesh stated.
The meeting underscores Sierra Leone’s proactive efforts to attract foreign investment and drive sustainable economic development. Both parties expressed optimism for future collaborations that will foster economic growth and strengthen bilateral ties.
