Mainland Granda Group To Invest US$100M
The Chief Executive Officer (CEO) of the Mainland Group Granda Industrial Company, Limited, Zhu Chen, has disclosed a plan to invest US$100 million in the agriculture sector of the country.
Chen said that the Mainland Group will invest in rice, cassava, sugar, cocoa and rubber production and processing.
He made the disclosure on Wednesday, August 13, 2025, during a high-level meeting with officials of the Ministry of Agriculture in Oldest Congo Town.
Mr. Chen assured that the project will gain stem by October this year at which the giant plants for rice and cassava processing will be built.
“The initiative is expected to expand local processing, create jobs, and strengthen country’s agricultural value chains, providing a boost to both rural communities and the national economy,” Chen promised.
Agriculture Minister, J. Alexander Nuetah, who held a meeting with Mr. Chen, expressed gratitude to the Mainland Group Granda Industrial Company, Limited, for its commitment, highlighting that the partnership would bring advanced technologies and significant investment into the country agricultural landscape.
Nuetah disclosed that the country is set to receive 304 agricultural machines, from the previously announced 288, to support the country mechanization service centers.
“The additional 16 machines, which bring the total to 304, include tractors, semi-trailer tractors, engine generators, and other specialized equipment designed to improve agricultural productivity,” Dr. Nuetah said.
He said the machines will be deployed after the mechanization service centers are completed.
Nuetah described the equipment as “critical to support country National Agricultural Development Plan (NADP), and improve food security.
“The responsibility now lies with us to ensure the centers are ready so the machines can be used effectively,” Dr. Nuetah said, adding: “The equipment is expected to arrive from China by the end of October, 2025.”
Dr. Nuetah said the collaboration underscores growing economic and technical cooperation between Liberia and China, particularly in the agriculture sector as the country seeks to modernize farming practices, and ensure sustainable food production.
Mr. Zhu visit to Liberia is in connection to Dr. Nuetah’s visit in April, 2025, as a follow-up drive to President Joseph Nyuma Boakai’s trip to the Forum on China-Africa Summit in 2024, where he met several Chinese investors that pledged to invest in Liberia.
By O’Neill A.R.Philips (contributor)