As the principal champion of investor relations, the National Investment Commission (NIC) is here to assist investors.
The NIC's current mandate is to promote Liberia's many investment opportunities, attract and support the growth of value-adding foreign direct investments (FDIs), and advocate for and strengthen the domestic private sector.
The NIC's Role
- The Chairman of the NIC chair's the government's Business Reform Committee, which has helped implement 39 specific reforms in just the past three years, earning Liberia the title of "top 10 global reformers" from the World Bank.
- The NIC is a member of the Liberia Better Business Forum, which works to create an investment environment that makes it easy and predictable to do business in Liberia.
- The NIC chair's the Inter-Ministerial Concessions Committee (IMCC), which includes permanent committee members from the Ministries of State, Finance, Justice, and Planning and Economic Affairs, as well as other key stakeholder ministries and agencies. The IMCC works to ensure that while unlocking Liberia's natural resources, the country's national interest is safeguarded, jobs are created, and access to capital, new technologies, markets, and world-class training and business development is accelerated.
- The NIC is also chair of the Commissioner's meeting, which approves investment incentive contracts above USD 10 million.