Sources close to ongoing discussions between the Government and High Power Exploration (HPX) have confided to the Daily Observer that HPX has formally engaged the National Port Authority for use of approximately 80 acres of NPA owned land for phase one of its iron ore trans-shipment project. A team of HPX engineers have been seen spending a significant amount of time visiting the Port of Buchanan for technical assessments.
It is anticipated that the Liberty Corridor, which was announced in February by HPX, Guma Africa Group and the Government of Liberia, will take five to six years to complete. However, HPX is commencing Phase one of its investment, and pursuing a concession agreement with the GOL for access to the existing Yekepa to Buchanan rail under the Government’s expressed multi-user access policy called for by President Boakai.
The Buchanan Port is said to be crucial to HPX development of its project and is to include stockpiling areas, warehouses, offices, rail line extension for loading and off loading of rail cars, marine services, and multiple logistics necessary for port efficient operations. HPX has publicly stated plans to build a dedicated deep water port in Didia southeast of Buchanan once the Liberty Corridor comes on line.
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I’m happy to see a good company in my country so we can have more jobs in this country. A big think from my end to the president of this great nation more jobs for the youth. as for me I’m a Dozer operator