Government Begins Enforcing Liberianization Policy
The Liberian Government has begun the systematic enforcement of the Liberianization policy, which sets aside certain businesses exclusively for Liberians. The Ministry of Commerce & Industry in collaboration with the Ministries of Justice and Labour , is spearheading the initiative to ensure that foreigners are strictly in compliance with the Liberian business law, in keeping
the May 2010 Act of the National Legislature.
Those businesses reserved exclusively for Liberians include sand mining and sales, block making, Ice making and sales, retail sales of rice, cement, timber, and planks, operation of travel agencies, gas stations, commercial taxis, heavy-duty trucks, and video clubs.
Other businesses are bakeries, tire and shoe repair shops, distribution of locally manufactured products, importation and sales of used cars and clothing, commercial printing, and advertising agencies.
Deputy Information Minister for Public Affairs, Mr. Daniel O Sando, said enforcement of the Liberianization policy will be jointly executed by Commerce Inspectors, the Police, and as well with County authorities nationwide.
Minister Sando said the enforcement is a constructive effort by the Liberian Government to reclaim the reserved businesses and ensure Liberians active participation in their own economy.
He spoke at the Ministry of Information's regular press briefing held on Thursday, May 28, 2026.
Minister Sando said the May 2010 Act of the National Legislature, however, set a minimum capital investment required of foreign investors interested in partnership and holding shares in categories of the reserved businesses.
