
By: Melvin Flomo
WhatsApp: 0778677647
The Liberian Senate has officially concurred with the House of Representatives in ratifying a landmark Road Concession Agreement between the Government of Liberia and Parvifort AL Association, Inc. and Parvifort (S.L) Ltd., clearing the way for a transformative public–private partnership that targets key road corridors across the Western and Northern regions.
The decision followed a comprehensive report submitted by the Joint Senate Committee on Public Works, Concessions & Investment; Ways, Means, Finance & Budget; Public Accounts & Audits; Transport; and Judiciary, Human Rights, Claims & Petitions. The committee urged the body to approve the 255-kilometer concession, valued at USD 363,908,768.45, aimed at improving mobility and access for thousands of citizens and commuters.
Under the 25-year concession, the company is expected to construct and upgrade 313 kilometers of roads within five years. The project covers:
St. Paul Bridge–Klay (38km, four lanes)
Klay–Bo Waterside (79km, four lanes)
Klay–Tubmanburg (22km, two lanes)
Madina–Robertsport (30km, two lanes)
Voinjama–Mendikorma (86km, two lanes)
The concessionaire will also maintain the roads and operate the toll system under a Build, Operate and Transfer (BOT) arrangement, after which full ownership reverts to the Government of Liberia.
As part of the Public-Private Partnership (PPP), the Liberian Government will shoulder 40% of the total project cost—approximately USD 145,563,507.38, including USD 46 million from the Road Fund. The remaining USD 100 million will be covered through the National Budget over the final three years of construction. The concessionaire will finance the remaining 60% through shareholder contributions and borrowing.
Upon legislative ratification, the Ministry of Public Works and Parvifort will finalize a detailed execution plan. The schedule outlines:
St. Paul Bridge–Klay: 2028
Klay–Bo Waterside: 2030
Klay–Tubmanburg: 2030
Madina–Robertsport: 2029
Voinjama–Mendikorma: 2028
If fully implemented, the project is expected to significantly boost road connectivity, trade, and regional development across Liberia.