Centrism Movement Welcomes Groundbreaking Ivanhoe Agreement

The Liberia Political Centrism Movement (LPCM) has officially welcomed the landmark concession and access agreement between U.S.-based investment firm Ivanhoe Atlantic and the Government of Liberia, valued at an estimated $1.8 billion. This historic partnership facilitated with support from the United States Government marks a major step forward in Liberia’s push for sustainable development, modern infrastructure, and stronger international trade relationships. The LPCM hailed the agreement as a sign of growing investor confidence in Liberia’s economic potential and democratic stability. The LPCM also applauded President Joseph N. Boakai for his leadership in promoting Liberia’s multi-user rail policy, which is expected to unlock new pathways for investment and align with the country’s broader national development agenda. “This agreement signifies Liberia’s transition from aid dependence to a future based on trade, innovation, and shared growth,” the LPCM stated. However, the Movement stressed that the real success of the Ivanhoe Atlantic agreement will depend on how effectively it delivers tangible benefits to Liberians. In this regard, the LPCM issued a strong call for the agreement to be implemented with key pillars of inclusive economic participation, including: Robust Local Content Provisions: Ensuring that Liberian-owned businesses are given meaningful roles within the supply chain and other project-related opportunities. Skills Transfer and Technical Training: Prioritizing programs that equip Liberians with technical, operational, and industry-relevant skills. Pathways to Managerial Leadership: Promoting qualified Liberians into senior and executive positions within the project’s operations. Speaking on the agreement, LPCM Founder, Cllr. Kanio Bai Gbala, stated: "This partnership is not just about rails and resources; it is about building mutual prosperity. True collaboration between Liberia and the United States must prioritize the empowerment of Liberians ensuring that our businesses grow, our people acquire world-class skills, and our sons and daughters rise to leadership in these ventures. When local capacity is built, both our nations win." The LPCM affirmed its commitment to supporting strategic investments that elevate Liberia's economic sovereignty while fostering social equity and long-term national capacity. The organization pledged to remain actively engaged with stakeholders to ensure that the agreement delivers for all Liberians.