The National Investment Commission (NIC) is the Investment Promotion Agency of Liberia established by an Act of Legislature on September 6, 1979.
The NIC's current mandate, under the leadership of President Ellen Johnson Sirleaf, 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.
As the government's principal champion of investor relations, the NIC aims to seamlessly guide you through the Liberian marketplace. The NIC is headed by a Chairman who holds a Cabinet Ministerial Rank and presides over the six member Commission, which comprises of the Ministers of (1) Finance, (2) Planning, (3) Commerce, (4) Justice, (5) State for Legal & Economic affairs and (6) Chairman of NIC. The Commission approves investment incentive contracts above USD 10 million.
The NIC also currently chair's the Inter-Ministerial Concessions Committee (IMCC), which negotiates major investments exceeding US$10 million and is guided by the Public Procurement & Concessions Commission (PPCC) Act of 2005.