Liberia Lands US$32 Million Manufacturing Investment as Softcare Takes Over Monrovia Free Zone Project  

MONROVIA – Liberia's drive to expand its manufacturing sector received a significant boost Monday after the Liberia Special Economic Zones Authority (LSEZA) signed a US$32 million, 25-year Developer/Operator Licensing Agreement with Softcare Liberia Limited to establish a manufacturing hub in the Monrovia Free Zone.

The agreement grants Softcare Liberia Limited the authority to develop, operate and manage a Special Economic Zone dedicated to the production of hygiene and household consumer goods, marking one of the country's latest efforts to attract large-scale industrial investment.

The project is expected to generate more than 150 direct jobs and over 200 indirect employment opportunities while increasing local manufacturing capacity and reducing dependence on imported hygiene products. The company also plans to export its products to markets across Africa, strengthening Liberia's position as a regional manufacturing and trade hub.

Softcare Liberia Limited, one of Africa's leading manufacturers of hygiene and household consumer products, says the investment reflects its long-term confidence in Liberia's economic potential.

Speaking during the signing ceremony, LSEZA Executive Chairman Prince Wreh described the agreement as a major step toward achieving the government's industrialization agenda.

"The signing of this agreement reflects the Government's vision of promoting industrial development, creating jobs, and supporting Liberia's economic growth under the Administration of President Joseph Boakai," Wreh said.

He noted that the investment aligns with Pillar One of the ARREST Agenda for Inclusive Development by encouraging private sector investment, expanding employment opportunities and diversifying the country's economy.

Representing Softcare Liberia Limited, Bai Guangxue said the company intends to manufacture products locally for both the Liberian market and export destinations across the continent.

According to him, the company will produce baby diapers, baby wipes, sanitary pads and other hygiene products, adding that Liberia's strategic location makes it an attractive base for regional manufacturing and distribution.

National Investment Commission Chairperson Molley Kamara also welcomed the agreement, pledging continued collaboration with LSEZA to attract investments capable of creating jobs, stimulating economic growth and supporting national development.

The licensing agreement is regarded as another milestone in Liberia's efforts to expand domestic manufacturing, add value to locally produced goods and position the country as a competitive destination for industrial investment under the Special Economic Zones framework.

LSEZA is the statutory institution responsible for establishing, promoting and regulating Special Economic Zones across Liberia to attract investment, support industrial development and create sustainable employment.