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Sierra Leone Prez asssures enabling environment for private business sector - News in Sierra Leone
Sierra Leone Prez asssures enabling environment for private business sector
Published On : 2014-06-23 15:00:27
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Published on Monday, 16 June 2014 10:16
Published by Linda Larbi


President Dr Ernest Bai Koroma has assured private sector players that government will continue to create the enabling environment for businesses to thrive in the country.



He made this assurance during the First Public-Private Investor Aftercare Roundtable organized by Sierra Leone Investment Export Promotion Agency (SLIEPA) held on Thursday 12th June at the newly refurbished Radisson Blu, Mammy Yoko Hotel, Freetown. The event was co-sponsored by the European Union, African Development Bank and the World Bank.




Delivering the keynote address, President Koroma reiterated his commitment to ensure his government is the most business friendly in the history of Sierra Leone. "We will continue to collaborate with you on ways of meeting emerging challenges," he vowed.


According to the President, the roundtable was organized to take stock of our achievements, review challenges and collaboratively come out with strategies that would sustain the ongoing transformation of the country.



"This is a round table for local and international private sector players to advise government on how to improve the investment climate together," he said, and went on to state that the round table is a platform for networking and exchanging views on business and investment relations and it presents a timely opportunity for a constructive dialogue on how to use our synergies for meeting today's challenges in the business environment.



He disclosed that one of the major reasons why he joined politics was to ensure the private sector was accorded the centrality it deserves by public officials, and added "we will run the government as efficiently as the private sector and we will do all we can to unleash the enormous energies of the private sector for sustainable transformation of the country."



Government, President Koroma noted, has indeed acted on such knowledge, by way of putting in place policies that have attracted the largest private sector investments in Sierra Leone's history, creating thousands of well paying private sector jobs and enhancing government revenues and the wellbeing of thousands of Sierra Leoneans.


"Because we believe in the power of the private sector, our economy is now amongst the fastest growing in the world; business and investor confidence in the country is growing and the future of investments in the country is brighter now than at any time in our nation's history," President Koroma said, and admitted that although government has improved Sierra Leone's business rankings and attracted hundreds of millions of dollars in investment, more needs to be done.






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