Pres. Weah Submits US$66.7M Loan Agreement for House to Ratify

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Speaker Bhofal Chambers and Chairman on Judiciary, Cllr. J. Fonati Koffa

Funding to cover upgrade of Sanniquellie-Loguatuo-Cote d’Ivoire Border Road

The House of Representatives is reviewing a financing agreement, submitted by President George M. Weah, to pave the existing gravel roads to two lanes, between Sanniquellie and Loguatuo and crossing to the Cote d’Ivoire border.

The Agreement contract is “Mano River Union Finance Contract between the Republic of Liberia and the European Investment Bank.”

The total cost of the project is EUR 58.6 million, equivalent to US$ 66.7 million. Out of the EUR 58.6 million, EUR 20 million is a credit from the European, according to the President’s communication to the House of Representatives.

The communication is mute on the balance EUR 38.6 million; it didn’t say whether it is a grant or would be the contribution or quota of the Liberian Government.

The Financing Agreement was signed between the Republic of Liberia and the European Investment Bank on November 21, 2019 in Monrovia and December 2, 2019 in Luxembourg, to improve the transportation conditions between Sanniquellie, Nimba County, north-eastern Liberia to the Loguatuo border crossing with Cote d’Ivoire.

“The project will upgrade the 47.2km existing gravel road between Sanniquellie and Loguatuo to a two lane paved road. The upgraded road will be 45.80km long and will comprise, among other things, construction of eight bridges (15 to 60m long); construction of 12 additional culverts and replacement of 77 culverts; drainage, road making, safety and environmental  protection measures,” the President wrote.

“The project scope will also comprise all the works and services required for its completion including social accompanying measures, and project management supports and audits.” He added: “The project is expected to be completed by the end of 2023.”

“I trust the Legislature will ratify this Agreement to promote growth and achieve sustainable poverty reduction in our country,” the President indicated.

Following the first reading of the agreement, the House of Representatives voted on Thursday, March 10, to a motion proffered by Rep. Alex Grant of Grand Gedeh County District #2  for the President’s communication and loan agreement to be forwarded to the Committees Judiciary, Ways, Means, Finance and Development Planning, Foreign Affairs and Concession, and to report to Plenary within one week.

Author

  • I am a Liberian journalist, born November 7 and hailed from the Southeast and of the kru tribe. I began contributing to the Daily Observer 2008 and was fully employed in 2012. I am the 3rd of eight children and named after my great grandfather. Am happily married with three children (girls). I am a full member of the Press Union of Liberia (PUL) and also the Sports Writers Association of Liberia (SWAL) and the Legislative Press Pool (LEGISPOL). I can be contacted through email: [email protected] or cell number/WhatsApp: (+231) 0886585875 or Facebook.

9 COMMENTS

  1. These are things we want to hear.
    Also, pave the road from Ganta to Harper.

    My question always, how much of that money will be pocketed by Liberian engineers, electricians, masons, other services providers and even Liberian businesses?

    Education is priority, Mr. President!

  2. One STEP begins with a thousand mile. The road pavement history had already being plan during ( Weah’s) predecessors. The plan is now being followed by this government and there is no way to thwart such a plan because funding was already secured by European Union. The Weah administration is more like implementor because according to his Inaugural Speech ” he build on the gained made by his predecessor “

    • One step begins with a thousand miles? Are you being cynical or just jovially sarcastic? Confusing. I though a step preludes a thousand miles. In other words, the age-old cliché: a journey of a thousand miles begins with a step.

  3. The main road from Harper to Karlukeh was completed in 2019. Karlukeh is approximately 30 miles away from Harper. From what’s been said, construction is ongoing. Hopefully by year’s end, the counties of Maryland and Gee will be connected.

  4. The word “upgrade” bothers me. Is upgrade being used to mean “the road will be paved with asphalt”?

    I have traveled on that road (Ivorian border to Sanniquellie to Karnplay to Ganta) several times in the past. Of course, I was cooked by the time I arrived in Ganta! The road was as bad as most roads in Liberia, a country that declared independence in 1847. (Please, this is not an attack against my Nimbaian brothers and sisters). Thank you.

    It’s about time that road construction had been given a top priority in Liberia. (Again, this is not an attack! One of the reasons why the Ivorians do well economically is that there are good paved roads in the country. A farmer who lives in San Pedro can load up a truck and head to Youpugon without worrying about being bumped up and down in his or her truck. The road is pretty good. Similarly, if the roads are done in Liberia, I can sell my coconut from Bomi to Ganta or maybe sell my cassava from Karnplay to Gbarnga, barring harassment by the so-called custom and immigration bandits.

    While the issue of roads is on the agenda, I am not hearing anything about Coronavirus or Corvid-19. Here’s why I am worried.

    Usually when the rainy season hits in Liberia, the roads and bridges are left alone to self-destruct. During this critical time, all kinds of sad things happen. Secondly, I am reminded about the years 2014-15 when Ebola ravaged our beloved country.

    My concern:
    If Corvid-19 hits Liberia, (I hope the pandemic doesn’t go there. I don’t want to sound like Trump). I don’t want to see a situation where planning will commence when the deadly desease arrives. Planning should be done now before the desease arrives.

    God bless Liberia.

    Peace.

  5. Those that have the blue print of all developments let them keep it and you weah do our work with diligent and care . The blue print has been kept for long since 1847 . God bless Liberia 🇱🇷.

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