Executive Mansion of the Republic of Liberia

04/18/2026 | Press release | Archived content

This Is Not Just About Investment; It’s About Improving People’s Lives,” President Boakai Applauds Sethi Group of Companies

Executive Mansion, Monrovia - President Joseph Nyuma Boakai, Sr. has commended the Sethi Group of Companies for its high-quality industrial investments, which are significantly helping to improve economic activity and directly contributing to the livelihood of Liberians.

Speaking on Friday, April 17, 2026, during the Ribbon-Cutting and Groundbreaking Ceremony of the Phase II Steel Plant, which was followed by a presidential tour of the Sethi processing facilities, President Boakai emphasized that such ventures go beyond mere profit-making.

"This is not just about investment; it is about improving people's lives, equipping them with skills, building their confidence, and strengthening the economy. This is a huge investment, and we want to say thank you," the Liberian Leader said.

Impressed by the scale and impact of the investment, the President praised the Company's leadership and expressed his willingness to protecting and supporting businesses that operate within the laws of Liberia and contribute meaningfully to national development.

"From what I see here-the cement business and other activities-this means jobs and income for our people," he noted, acknowledging, "You are creating opportunities not only within your company, but also for others through distribution and related businesses," assuring the Company of his Administration's continued support for this investment for as long as it operates within the laws of the country and provide jobs and opportunities.

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