The Liberian Senate has passed an investment incentive agreement between the Liberian Government and Musons Group, Incorporated, for the construction of a five star hotel & resort in Marshall, Margibi County.
According to highlights of the agreement, Musons, which is a one hundred percent Liberian-owned architectural and construction company, will develop the hotel, which will comprise 210 rooms, theaters, and an international conference center with a capacity of six thousand guests, twelve luxury villas with a swimming pool each, chalets, two helipads, a water park, a shopping center, and medical facility.
In an exclusive interview with the Daily Observer at his 11th Street offices yesterday following the passage of the agreement, President and /CEO of Musons Group, Inc., Joe Gene Mulbah said the facility will have a waterfront with outdoor and indoor gardens, recreational facilities and rooftop gardens for public and private use and for tourists.
“In addition, the Musons Group hotel & resort will offer helicopter tour of designated tourist sites within Liberia, fishing expeditions, conference facilities, art gallery with display of Liberian arts & crafts, and sports and recreational facilities,” Mulbah disclosed, adding that the construction work will commence immediately after the House of Representatives concur, and would be completed within three years.
Mulbah, who started his architectural work at the famous Milton & Richards architectural firm in Monrovia, expects that some 2,500 Liberians will be employed during the construction period, while more than 500 persons will gain employment to help run the facility.
“We will have eight (8) working elevators; our security will be both digital technology and man power, while we will be dealing with the national power grids. We will also construct an underground HFO (Heavy Fuel Oil) energy generating plant, not forgetting solar technology,” Mulbah asserted.
He said Musons Group, which was founded on August 4, 1996, has been doing both architecture and construction works on private homes and public buildings, “and this hotel & resort is going to be our biggest venture and we want to prove that Liberian entrepreneurs have come of age.”
With respect to global climate change, Mr. Mulbah said his firm has taken that into consideration, adding: “Our engineers have done both soil testing to determine whether the area can withstand the kind of work plan we have, while a coastal defense analysis is currently ongoing with positive results.”
In their recommendation to Senate plenary yesterday, the Committees on Concessions & Investment; Judiciary, Claims, Petitions & Human Rights and Foreign Affairs said: “In view of the eventual benefits the over US$70 million will bring to the Liberian economy, the Senate Committees hereby recommend to the plenary of the Liberian Senate to approve the ratification of the proposed investment agreement between the government of Liberia and Musons Group Inc.”
The Bill is sponsored by Senators Oscar Cooper and H. Dan Morias. Meanwhile, in an unprecedented move, hard-line Margibi County Senator Oscar Cooper, upon passage of the agreement, in a brief statement, thanked his colleagues for their farsightedness in passing what he described as a rewarding multi-million-dollar investment package that will greatly benefit Margibians firstly, and the entire national workforce.