The Embassy of the Republic of Liberia to the Benelux Countries and the European Union will lead a high-powered delegation of European Investors seeking interest in Liberia’s hospitality industry, aimed at creating more jobs and expanding the sector in keeping with The Pro-Poor Agenda for Prosperity and Development (PAPD) of President George M. Weah.
According to the dispatch, the delegation of 10 persons arrives in Liberia, on Sunday, March 28, 2021, to hold talks with senior government officials, including the Minister of State for Presidential Affairs, Nathaniel McGill; Minister of Finance and Development Planning, Samuel D. Tweah, Jr.; the Head of the Lottery Authority; and climax the trip with a meeting with the Chairman of the National Investment Commission, Molewuleh B. Gray.
As directed by Dr. Isaac W. Nyenabo II, Ambassador Extraordinary and Plenipotentiary, the Embassy will be represented by Mr. Senve Darlington Tehmeh, Minister-Counselor in-charge of Public Diplomacy.
It can be recalled that on 22 January 2018, during the Inauguration of President George M. Weah, he said, “Europe will always have a special place in my heart, and, as President, I intend to strengthen my relationship with the European community for the benefit of all Liberians”.
Accordingly, it is incumbent upon Missions and Interlocutors to continuously engage this policy through Economic Diplomacy with the European Community in an effort to enhance and strengthen the partnership.
In 2020, Liberia was ranked 8th by Forbes as one of the most attractive countries for world Tourism, as the country’s Eco-Tourism and unique Cultural heritage potential embrace great demand to several International Markets.
The European Community Delegation comprises French, Spanish, and Portuguese nationals, headed by Mr. Franciz Perez, President of GRUPO PEFACO. Grupo Pefaco is a Spanish holding with its headquarters established in Barcelona, Spain.
Grupo Pefaco was founded in 1995 by Francis Perez and Olivier Cauro, respectively President and General Director of the company.
They also specializes in the Leisure & Gaming and the Hospitality industries. The group, headed by its founders Francis Perez and Olivier Cauro, has more than 3,000 employees in 13 countries (Benin, Burkina Faso, Burundi, Congo, the Ivory Coast, Niger, Nigeria, DR Congo, Rwanda, Togo, Paraguay, Spain and Portugal).
According to the PEFACO website, as a key player in the Leisure and Gaming and the Luxury Hospitality industries in Africa, the company celebrated its 20th anniversary by doubling the salaries of its employees, randomly selected under judicial supervision.
The winners’ names were announced during celebratory events in each of the 13 countries where Grupo Pefaco operates. Three employees from the Ivory Coast, three from Burkina Faso, two from Togo, one from Benin, one from Niger, one from Congo and one from Paraguay, doubled their salaries for a month.
There has been a lot of enthusiasm for this action and Grupo Pefaco has announced its intention to develop other tools of internal dynamism: bonuses, profit-sharing, participation, result-based commission, etc.
The website further said that at the heart of a dynamic human resource management policy, doubling salaries follows new Keynesian theories about the simple efficiency wage model, which stresses the role of motivation in job performance.
Doubling salaries contributes to both employee productivity and to the attractiveness of the Company for young graduates.
The Benelux Member States of the European Union (EU) are: Belgium, the Netherlands and Luxembourg. The term “Benelux,” formed from the first two letters of each country’s name, originally referred to a customs union established in 1948.