Identifier
Created
Classification
Origin
09FREETOWN30
2009-01-22 12:53:00
UNCLASSIFIED
Embassy Freetown
Cable title:
POTENTIAL OPIC INVESTMENT IN REGION: SIERRA LEONE
how-toVZCZCXRO2466 RR RUEHMA RUEHPA DE RUEHFN #0030 0221253 ZNR UUUUU ZZH R 221253Z JAN 09 FM AMEMBASSY FREETOWN TO RUEHC/SECSTATE WASHDC 2428 INFO RUEHZK/ECOWAS COLLECTIVE
UNCLAS FREETOWN 000030
SIPDIS
DEPARTMENT FOR AF/W (JHUNTER/ESPRUILL)
DEPT PLEASE PASS TO OPIC (BBRERETON)
E.O. 12958: N/A
TAGS: EFIN ECON SL
SUBJECT: POTENTIAL OPIC INVESTMENT IN REGION: SIERRA LEONE
REF: STATE 5207
UNCLAS FREETOWN 000030
SIPDIS
DEPARTMENT FOR AF/W (JHUNTER/ESPRUILL)
DEPT PLEASE PASS TO OPIC (BBRERETON)
E.O. 12958: N/A
TAGS: EFIN ECON SL
SUBJECT: POTENTIAL OPIC INVESTMENT IN REGION: SIERRA LEONE
REF: STATE 5207
1. Per reftel, Sierra Leone needs increased private
investment, though the investment climate is still highly
problematic, even for those prepared to accept an unusually
high level of risk. Post welcomes the opportunity to respond
to specific investment proposals to maximize the limited
resources available to produce the analysis requested in
reftel.
2. President Koroma prioritizes development in the
agriculture, infrastructure, and energy sectors. Post would
recommend that potential investors interested in West Africa
focus on these areas vis-a-vis Sierra Leone, as such projects
would likely receive a higher level of GoSL support than
projects in other sectors.
FEDZER
SIPDIS
DEPARTMENT FOR AF/W (JHUNTER/ESPRUILL)
DEPT PLEASE PASS TO OPIC (BBRERETON)
E.O. 12958: N/A
TAGS: EFIN ECON SL
SUBJECT: POTENTIAL OPIC INVESTMENT IN REGION: SIERRA LEONE
REF: STATE 5207
1. Per reftel, Sierra Leone needs increased private
investment, though the investment climate is still highly
problematic, even for those prepared to accept an unusually
high level of risk. Post welcomes the opportunity to respond
to specific investment proposals to maximize the limited
resources available to produce the analysis requested in
reftel.
2. President Koroma prioritizes development in the
agriculture, infrastructure, and energy sectors. Post would
recommend that potential investors interested in West Africa
focus on these areas vis-a-vis Sierra Leone, as such projects
would likely receive a higher level of GoSL support than
projects in other sectors.
FEDZER