11/06/2026
Official Statement from John Beyan Sumo, PUBLIC RELATIONS OFFICER (P.R.O) On behalf of the CONCERN LIBERIAN INTERNATIONAL BUSINESS ORGANIZATION (COLINBO)
Monrovia, Liberia
June 10, 2026
COLINBO as a grassroots Liberian owned business including Small,Medium, and Large enterprises that contribute significantly to employment, revenue generation, and economic growth across the country.
These businesses form the backbone of the Liberian economy and play a critical role in sustaining livelihoods for thousands of Liberian families.
COLINBO proudly announces its active participation in the recent four-hours legislative hearing convened by the Specialized House Committee of the Liberian House of Representatives, Hon. Musa Hassan Bility as chairman.
This pivotal session, held on June 10, 2026, addressed some critical issue of the high cost of doing business at the National Port Authority (NPA) and its profound impact on Liberian enterprises.
COLINBO extends its sincere appreciation to the Honorable Members of the Legislature for their proactive engagement and diligent efforts in addressing this pressing economic concern. Their commitment to legislative oversight and their willingness to thoroughly investigate the challenges faced by our business community are commendable and signal a significant step towards fostering a more conducive economic environment in Liberia.
Our presence at this crucial hearing underscores COLINBO's unwavering dedication to advocating for the interests of Liberian businesses.
We actively contributed to the discourse, highlighting the tangible burdens imposed by current port charges and emphasizing the urgent need for greater transparency, efficiency, and fairness in port operations.
This collective effort represents a shared goal and a potential win for all Liberian businesses, promising a future where local entrepreneurs can thrive without undue financial constraints.
COLINBO remains committed to collaborating with the Legislature, government agencies, and all stakeholders to ensure that the outcomes of these hearings translate into concrete reforms that benefit our members and the broader Liberian economy.
We look forward to continued dialogue and the implementation of policies that will reduce operational costs, enhance competitiveness, and ultimately contribute to sustainable national development.
COLINBO we moved πͺ