Liberia

Liberia has experienced a period of reform and reconstruction

IMF predicts real GDP to increase by 8.8% in 2013

One of the highest levels of FDI in West Africa (relative to GDP)

High level of GDP growth forecast by the IMF. Higher than many other West African countries

Sustained UN and US commitment

Rated second best country in West Africa after Ghana by Transparency International

First country to become compliant with the Extractive Industries Transparency Initiative (EITI)

US$18 billion foreign direct investment committed to date, mainly for the mineral, oil and agricultural sectors

Attractive fiscal code and lowered levels of corruption to attract external investment

Mining Companies in Liberia – ArcelorMittal, Severstal & Vedanta (iron ore), Hummingbird (gold)

Energy Companies in Liberia - Chevron,  Exxon & Total (oil), Firestone (rubber) & Sime Darby (palm oil)

Robust mining law based upon well-established Australian system

Region underexplored for gold