In her quest to create a one-stop shop service for investment in the Liberian Economy, Golden Touch Corporation facilitated the event’s planning and implementation for the groundbreaking ceremony of the much-awaited Monrovia Mall, the first-of-its-kind modern retail shopping facility in Liberia.
The ceremony was held on November 16, 2022, at the proposed project location, ERA Supermarket Complex. The ceremony was attended by the Vice President, H.E Chief Dr. Jewel Howard Taylor, other dignitaries, government officials, members of the International Community, the Business community, the Diaspora community, Investors, members of the Diplomatic Corps, and distinguished individuals.
Vice President Taylor performed the groundbreaking and the project unveiling during the Ceremony. The promoters will offer participation in the project on a private placement basis to individuals and institutions (investors) willing to consider an investment in the form of debt or equity.
The total project cost is US$47.4 million and is promoted by the West African Development Company (WADCO). WADCO is owned by Loita Capital Partners International (Loita – www.loita.com ) and Era Trade Corporation. With a pool of renowned African experts (anchored by South African Design & Architecture) as the core Technical Team, the project promises to be an iconic piece in Liberia and one of the very best in West- Africa. Construction works will kick off immediately after the groundbreaking and are expected to be finished over an Eighteen (18) – month period.
The Mall will sit on a total land area of 18500m 2; 10600m to be currently developed under phase 1, with apartments and a conference/casino/hotel development under phase. This project has not only set the foundation for additional job creation, but it has also offered opportunities for Liberians “not to be spectators but full participants in their own economy”.
Golden Touch Corporation is here to facilitate private sector groups for a vibrant economy in Liberia. Below are a few pictures taken at the groundbreaking ceremony: