Liberia Investment Advisory Launched…Ellen Pledges Support

The Liberia Investment Consultancy and Advisory Associates (LICAA) Incorporated has been launched in Monrovia with President Ellen Johnson-Sirleaf pledging her administration’s support to the consultancy.

According to the organizers the Mission of the LICAA Incorporated is to produce cost effective outcomes based on multi-disciplinary consultancy and advisory services.

Speaking at the launching ceremony last Friday, the Chairman of LICAA’s Board Senator, Cletus Wotorson noted that after 40 years of public service followed by his recent retirement, he still feels the urge to contribute meaningfully to the nation’s development efforts.

He said after retirement, several individuals especially the young generation that know of his expertise, decided to encourage him to continue to share his ‘know-how’ something which made him and others professionals to establish the LICAA.

Senator Wotorson, although he had served for a long time, he is still willing to contribute to the national development agenda through consultancy and advisory services.

Speaking earlier, the acting head of the National Investment Commission (NIC) Mr. George Gyude Wisner, said the launch of the LICAA Incorporated is an impetus to the search for solution to Liberia’s perennial problem of ensuring that Liberians play a central role in the economic life of the country.

Mr. Wisner said it is also in line with the clarion call of the Ellen Johnson-Sirleaf led administration as was re-echoed by the President during her recent state of the nation address, that Liberian businessmen and women and entrepreneurs must take center stage in developing the private sector.

“Currently, our economy is shaped by numerous mineral development agreements, Non-governmental organizations (NGO)s and donors and Transnational Corporation. This has structural implications for the long term economic viability and development of the state,” Mr. Wisner said.

Also speaking at the occasion, President Ellen Johnson-Sirleaf praised Senator Wotorson and his team for the idea of establishing the LICAA at a time when Liberia needs all of its expertise on board in the development of the country.

The President recounted Senator Wotorson’s invaluable services in public service at a time when it was honorable and worthy to service and expressed optimism that the LICAA under Senator Wotorson will work for development and enhancement of Liberia.

The President then pledged her administration’s support to the efforts by the professionals and the development of Liberian entrepreneurship.

The Liberia Investment Consultancy and Advisory Associates (LICAA) Incorporated is a union of two wholly Liberian owned consulting firms founded in the 1970s; namely ZOSI Consultancy Incorporated and Resources Development Corporation.

Members of the LICAA Incorporated Directors are Senator Cletus s. Wotorson, a Geophysics; Professor Sumo G. Kupee, an Economist; Mr. J. Carney Johnson, a Mineral Economist; GayvlazeePewuSubah, a public Finance Specialist; Dr. Richard Tolbert, an Economist; Cllr. Frederick Doe Cherue, a Lawyer and Educator and Mrs. Cianna S. Wotorson, the treasurer.