Liberia/June 5, 2019/ Frank Ikpefan, Abuja /No Comment/158 views /Liberia US Investor In Liberiashare on:FacebookTwitter Google +Pinterest Tumblr Linked InEmailSend to Email Address:Your NameYour Email AddressEmail check failed, please try againCancel…To Produce Affordable & Purified Water By Tonita N. Copson An American retired professional basketball player and billionaire, Dikembe Mutombo, has signed a memorandum of understanding (MoU) with the Liberia Water and Sewer Corporation (LWSC) for the establishment of a joint venture water production factory in Liberia. The American Venture Group, LLC, a duly registered and incorporated company under the laws of Delaware, USA, and Quest Water Solutions, Inc., also a duly registered and incorporated company under the laws of Nevada, USA, and the LWSC signed the MoU. The Executive Director of Clar Foundation, Rosemarie E. James, and LWSC Managing Director Duanah A. Kamara, both represented the Government of Liberia, while the American Venture Group and Quest Water Solutions were represented by Richard Hoffman, CEO of the American Venture Group. ALSO READ ‘Drama At Capitol’Speaking at the signing ceremony recently in Paynesville near Monrovia, Richard Hoffman said the collaboration will provide sufficient amount of purified water for households in the country. “This investment will provide sustainable supply of clean, safe drinking water for all and we are here for the provision of sufficient, affordable water to underserved populations in Liberia,” Hoffman said. ALSO READ VP Howard-Taylor leads Liberian delegation to Crans Montana Forum in MoroccoAccording to him, the agreement requires the companies to design, build, finance, install and operate 270 water purification and distribution systems in rural communities across Liberia. He said the company intends to supply clean and purified water to approximately 1 million residents in Liberia at an affordable price. For his part, LWSC Managing Director Duanah Kamara said each unit of the system will be powered by a mini solar system and will also have phone charging outlets to help community members in charging their phones. ALSO READ Man Arrested with Ammunitions at Liberia-Guinea BorderKamara said the investment portfolio will require no financial contributions from the LWSC or the Liberian Government. He noted that the investment will also support the government’s Pro-Poor Agenda for Prosperity and Development (PADP) by creating jobs and providing clean and safe drinking water for thousands of Liberians at affordable price. He pointed out that as part of its corporate social responsibilities, the company is expected to build the capacities of its host communities, provide healthcare services, build schools and provide employment, among others. Post Views: 9 <hr/> Leave A Comment Below Related Tags:Liberia share on: FacebookTwitter Google +Pinterest Tumblr Linked InEmailSend to Email Address:Your NameYour Email AddressEmail check failed, please try againCancel previous articleDrugs Addiction Is A Pervasive Nat’l Problemnext articleHealth Corner, Itter Pharmacies AlarmedRelated Posts442 shares Liberia/June 18, 2019 /No Comment War Crimes Court In Sight432 shares Liberia/June 18, 2019 /No Comment West Point To Get Emergency Coastal DefenseLibya’s UN-Backed Gov’t Launches Peace InitiativeCourt Trashes Gov’t Request“You’ll Have New Market In 31 Days,”Weah Welcomes Ghana’s Bid To HostFirst Lady Inducts CMA OfficialsPolice Speak On Martin Kollie’s SagaEPA, UNDP End Private Sector TrainingUNDP Engages Donors, CSOs Leave a Response Cancel reply CommentName Email Sign me up for the newsletter! Notify me of follow-up comments by email. Notify me of new posts by email.