South Korea’s Make Group Delegation in Monrovia to Advance Strategic Maritime Infrastructure Investments

Monrovia, Liberia — A high-level delegation from South Korea’s Make Group, led by Chairman James Juhee Han, visited the Liberia Maritime Authority (LiMA) headquarters in Monrovia Wednesday, June 4, 2025, seeking to advance plans to invest in the West African nation’s maritime sector.

The delegation presented assessment reports identifying Grand Bassa, Margibi, and Montserrado counties as suitable sites for the construction of ship demolition and recycling, shipbuilding, and repair facilities. Chairman Han emphasized that these developments aim to establish a sustainable ship value chain in Liberia between 2026 and 2030, aligning with the Hong Kong Convention’s standards on environmentally safe ship recycling.

The Commissioner/CEO of the Liberia Maritime Authority (LiMA), Cllr. Neto Zarzar Lighe Sr., warmly welcomed the delegation, praising Make Group’s commitment to Liberia’s maritime growth. “Liberia is committed to fostering a conducive business environment to support your investment,” he assured, promising to expedite the review of the draft Memorandum of Agreement.

The meeting builds on two previous engagements earlier this year, in Monrovia and Seoul, where both parties discussed opportunities to strengthen Liberia’s maritime infrastructure, expand inland water transport, and boost local workforce capacity through training.

The proposed investment could be transformative, potentially creating up to 10,000 new jobs, particularly for Liberian youth, and enhancing coastal connectivity through safe and efficient inland water transportation.

This initiative comes on the heels of Liberia’s renewed diplomatic engagement with South Korea, highlighted by President Joseph Nyuma Boakai’s participation in the Korea-Africa Summit last year.

As discussions continue, Liberia looks poised to emerge as a key maritime hub in the region, with significant social and economic benefits in alignment with the ARREST Agenda for Inclusive Development (AAID).