Bomboja Port Development - National Investment Commission

Company Description

The National Investment Commission (NIC) is the Government of Liberia agency responsible for investment promotion, generation, and facilitation. It was established by the Legislature on September 6, 1979, and amended in 2010, with the mandate to promote Liberia’s investment opportunities; attract and support the growth of value-added foreign direct investments (FDIs), and advocate for and strengthen the domestic private sector.

Countries of Operation

Liberia, United Kingdom

Ownership of Company: Other (please specify) - Government Proposed

Number of years since incorporated

65

Project Pitch

Bomboja Port Development - The Bomboja Port Development Project is a transformative public–private partnership designed to establish Liberia’s western maritime gateway in Grand Cape Mount County, near Lake Piso and the Sierra Leone border. Strategically positioned to serve both domestic and regional trade within the Mano River Union, the port will facilitate fisheries, agricultural exports, cross-border trade, and eventually mineral exports from nearby deposits. The business model follows a Build–Operate–Transfer (BOT) structure under a 30-year concession, combining 70% debt and 30% equity financing. Private investors will finance, construct, and operate the port, recouping investments through cargo handling fees, storage services, and logistics operations before transferring ownership to the Government of Liberia. Operations will unfold in phases: Phase 1 (Years 1–3): Construction of a fishing harbor, jetty (150 m), cold storage, and basic yard facilities (CAPEX ≈ $22 M). Phase 2 (Years 4–7): Expansion into deep-water berths and warehouse capacity (CAPEX ≈ $21 M). Phase 3 (Years 8–12, optional): Roll-on/Roll-off (RORO) and breakwater facilities for future capacity growth. With an expected Project IRR of 14.5% and Equity IRR of 18.2%, the Bomboja Port will enhance trade efficiency, unlock regional fisheries and agribusiness potential, and catalyze sustainable economic growth in western Liberia

Team

Information not provided

Type of Project

Governmental/Institutional project

Stage

Concept stage

Annual Revenue (in EUR)

50.000 - 100.000 EUR

Number of employees

51-100

Total Project Cost (in EUR)

40.000.000 – 55.000.000 EUR

Financing needs (in EUR)

40.000.000 – 55.000.000 EUR

Type of financing needed

Equity

The Company is looking for:

Financing; Joint Venture/Partnership; Technology Solution/Equipment

Planned allocation of fundraising capital

Greenfield (new activity for the company); PPP (Public-Private Partnership)