Monrovia, Liberia – In a bold step towards accelerating industrial development, creating jobs, and enhancing the growth of small and medium-sized enterprises (SMEs), Soso Premium Business Group has partnered with Tanger Med Engineering to conduct a feasibility study for the Monrovia Industrial Free Zone. This initiative, backed by the Liberia Special Economic Zone Authority (LSEZA), is poised to position Liberia as a key industrial hub in the region, providing critical support to the country’s existing ports and driving sustainable economic growth.
Spearheaded by Soso Premium Business Group, a Liberian-owned company committed to national development, the project aims to transform the Monrovia Industrial Free Zone into a central location for industries across West Africa. The zone will support job creation, SME development, and local skills enhancement while also providing logistical support to Monrovia and Buchanan’s ports, strengthening Liberia’s ability to handle increased industrial activity and trade.
The collaboration between Soso Premium and Tanger Med Engineering—an internationally recognized leader in industrial zone development—represents a significant milestone in Liberia’s industrial strategy. This partnership was solidified following a meeting between Mrs. Andrea Kamara, CEO of Soso Premium Business Group, and Mr. Ahmed Bennis, Director General of Tanger Med Group, in May 2024 in Dallas, Texas.
A recent visit to Liberia by Mr. Nasseer Tlassellal, President of Tanger Med Engineering, and Mr. Ibrahim Lahmidi, Strategy Consultant for Tanger Med Engineering, further advanced this project. This visit followed an earlier trip by Soso Premium to Tangier, Morocco, where both organizations finalized plans to conduct the feasibility study and outlined commitments for investment, technical capacity building, and knowledge transfer programs to support the development of local Liberian talent.
“We see the Monrovia Industrial Free Zone as a cornerstone of Liberia’s future, driving job creation, SME growth, and local skills development,” said Michael Dahn, COO of Soso Premium Business Group. “Our collaboration with Tanger Med Engineering, a leader in Africa’s industrial sector, will bring world-class expertise and knowledge transfer to ensure sustainable development that benefits future generations.”
Key Liberian stakeholders have been deeply involved in this process. During their visit, Tanger Med representatives engaged with Hon. Sekou Dukuly, Managing Director of the National Port Authority (NPA), and Mr. Jonathan Kaipay, Director of Buchanan Port, to discuss how the Monrovia Industrial Free Zone can support Liberia’s growing industrial needs and contribute to the efficiency of the country’s ports.
Hussein Kamara, Vice President of Soso Premium Business Group, emphasized the project’s broader impact on the country’s economy. “The Monrovia Industrial Free Zone will be a catalyst for transforming Liberia’s industrial landscape, not just by attracting investment, but by creating sustainable jobs and providing technical training to Liberians. This knowledge transfer from Tanger Med will equip our local workforce with the skills needed to lead in the future.”
Soso Premium Business Group is keen on driving development projects that benefit Liberia’s economy. Specializing in import/export, infrastructure development, and strategic investments, the company is deeply committed to contributing to Liberia’s long-term economic success. This partnership with Tanger Med aligns with Soso Premium’s mission to foster inclusive and sustainable growth.
The Liberia Special Economic Zone Authority (LSEZA), under the leadership of Executive Chairman Hon. Prince Wreh, has played a pivotal role in making this partnership a reality. LSEZA is dedicated to expanding the country’s Special Economic Zones (SEZs), which are designed to attract investment, promote industrialization, and boost job creation. The Monrovia Industrial Free Zone is expected to be a flagship project in this effort, with the potential to significantly strengthen Liberia’s industrial and logistical capacity.
“We commend Hon. Prince Wreh and the LSEZA for their visionary leadership in advancing Liberia’s industrial development,” said Mrs. Andrea Kamara. “Their commitment to creating jobs and fostering economic empowerment through SEZs is aligned with our mission. We are excited to work together to bring this ambitious project to life.”
As the feasibility study progresses, the Monrovia Industrial Free Zone is poised to become a beacon of economic opportunity in Liberia. The project will not only attract international investment but also provide the foundation for sustainable industrial growth, create thousands of jobs, and support the development of local SMEs. By offering technical training and capacity-building programs for Liberians, the zone will empower local talent to take an active role in the country’s economic future.
This partnership between Soso Premium Business Group, Tanger Med Engineering, and LSEZA marks a pivotal moment in Liberia’s industrial journey. Together, they are laying the groundwork for a thriving industrial zone that will boost Liberia’s economy, create jobs, and position the country as a key player in regional and global trade.
With the combined efforts of these partners, the Monrovia Industrial Free Zone is set to become a cornerstone of Liberia’s industrial growth and economic vitality, offering long-term benefits for the country and its people.
From L-R: Honorable Prince Wreh, Executive Chairman of Liberia Special Economic Zone Authority, Mrs. Andrea Kamara, CEO of SPBG, Mr. Nasseer Tlassellal, President of Tanger Med Engineering, Mr. Ibrahim Lahmidi, Strategy Consultant, Tanger Med Engineering, Mr. Michael Dahn, COO Of SPBG, Mr. Hussein Kamara, VP of SPBG on a visit to the Monrovia Industrial Free Zone Sept 23, 2024.
From L-R: Mr. Ahmed Bennis, Director General of Tanger Med Special Agency, Mr. Hussein Kamara, VP of SPBG, Mrs. Andrea Kamara, CEO of SPBG, Mr. Mehdi Tazzi-Riffi, CEO of Tanger Med Group, Mr. Michael Dahn, COO of SPBG, Mr. Nasseer Tlassellal, President of Tanger Med Engineering, Mr, Jaffar Mrhardy, Managing Director of Tanger Med Zones on a visit in Tangier, Morocco. Sept 11, 2024
Soso Premium Business Group and Tanger Med Engineering visit Mr. Jonathan Kaipay and the team at Port of Buchanan, Grand Bassa County, Sept 24, 2024.
