Monrovia — The National Road Fund of Liberia (NRF) has launched a three-day Contractors–Banks–NRF Partnership Forum in Monrovia to address procurement challenges and improve financing in Liberia’s road sector. The forum, held from March 24 to 26, 2026, brings together contractors, banks, and government stakeholders to promote transparency, accountability, and better cooperation in infrastructure development.
Discussions on the opening day focused on problems in procurement bidding, with participants highlighting delays and inefficiencies that slow road projects and limit private sector involvement. NRF Managing Director Joseta Neufville Wento stressed that limited access to funding remains a major challenge for local contractors and called for stronger partnerships to close the financing gap.
The Executive Director of the Public Procurement and Concessions Commission (PPCC), Bodger Scott Johnson, emphasized the need for transparent and lawful procurement processes to rebuild trust and ensure value for money. He noted that many issues come from poor compliance, weak documentation, and limited understanding of bidding rules, and called for better training and stricter adherence to guidelines.
Other stakeholders, including the Engineering Society of Liberia and financial institutions, highlighted the importance of professional standards, collaboration, and access to credit for contractors. Government officials also promised stronger policy support and coordination, with hopes that the forum will lead to practical reforms to improve procurement and speed up road development in Liberia.
Credit: DN News
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