By Jariatu S. Bangura
Parliament ratified a $55 million dry port concession joint venture agreement on Friday between the government of Sierra Leone, represented by the Minister of Transport, and Arise Integrated Industrial Platforms Limited.
According to the Minister of Transport and Aviation, Fanday Turay, the agreement includes the design, construction, and operation of a river port and dry port within the industrial zone.
This initiative aims to attract foreign investment and create thousands of jobs for citizens. Arise IIP will invest $55 million over the concession period of 25 years, with a review of operations every five years to incorporate new ideas and improvements as needed.
Hon. Mohamed Alpha Jalloh expressed concerns about granting a 25-year concession, highlighting potential risks for the country and its people. He also raised the issue of monopoly within the industrial zone and suggested that these clauses be reviewed before the House ratifies the agreement.
Hon. Rebecca Yei Kamara emphasized the importance of fair employment practices, noting that investors often bring in their staff, relegating local citizens to labor roles rather than placing them in managerial positions. She called for a fair treatment of employment opportunities for locals in the implementation of the agreement.
