News

Liberia may build $15 million poultry farm

Liberia
Published Sep 8, 2023

Tridge summary

Liberian President Weah has requested a 10-year tax exemption for the Liberian American Poultry Farm to encourage its construction in Liberia at a cost of $15 million. The farm plans to cultivate corn to produce 30,000 tons of chicken feed annually, aiming to boost egg production by over 100 million eggs and decrease Liberia's reliance on egg imports. Currently, eggs rank as the 39th largest imported product in Liberia, with Spain, Poland, Ukraine, Turkey, the US, and Portugal being the main importing countries.
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Original content

Liberia's "Daily Observer" official website reported on September 5 that Liberian President Weah recently asked the House of Representatives to approve a 10-year tax exemption for the Liberian American Poultry Farm to promote its construction in Liberia worth US$15 million. The farm will plant 200 acres of corn to produce 30,000 tons of chicken feed annually, which is expected to increase the country's annual egg production by more than 100 million eggs, thereby reducing Libya's reliance on egg imports and achieving self-sufficiency. At the same time, 250 direct and 500 indirect jobs. ​ Eggs are Liberia's 39th largest imported product. Egg imports in ...
Source: Foodmate
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