To Help Gov’t Collect Revenue Under WTO: 2 Foreign Companies Express Interest to Invest

first_imgFollowing a successful holding of the first steering committee forum in Monrovia by members of the Liberia Post Accession Plan (LPAP) of the World Trade organization (WTO) and members of the 53th National Legislature, two foreign companies have expressed interests to invest in the country’s economy.The two companies are Webb Fontaine Group (WFG), set-up in Ivory Coast, with headquarters located in Dubai and Switzerland, and the Inspection and Control Service (ICS) Company of India with a sub office in Nigeria.According to the chief executive officer of ICS, Mr. Infan Sarfraz, his interest to invest in Liberia is to help enhance revenue collection under the WTO process.He said if accepted by the government through the LPAP steering committee of the WTO to do business with ICS, there would be no project failures or significant delays because of technical issues in their projects.“My company provides e-Government solutions designed to facilitate trade and enhance customs and tax revenues,” he said. “Through its flagship product, MicroClear®, ICS offers governments a platform for multi-agency collaboration that facilitates paperless cross-border trade, speedier customs processing, and more transparency and visibility, while still maintaining appropriate controls and security.”Mr. Sarfraz, who has investments in West Africa, said he would love to jump-start his investment in Liberia, adding, “We would be glad to be given the green light for commencement in the areas mentioned.”He said the company also offers logistics-related services in emerging markets, including industrial real estate management, ground handling and airport services, customs modernization, and remote infrastructure and life support.The company also has two main lines of business. Through its Global Integrated Logistics (GIL) business, ICS works with companies in diverse industries and markets to move, manage, and distribute the goods that underpin global commerce, he added.For his part, Pushpa Joseph also spoke on his company’s (WFG) activities and its deep interest in investing in Liberia.Mr. Joseph said if accepted, his company will submit a draft business proposal within three weeks, operate for six months and open a window for market. He said the group has many offices around the world as well as research and development centers in Europe and Asia.“Webb Fontaine offers advanced e-Government solutions to modernize government agencies and facilitate international trade,” said Joseph.He said WFG company is particularly specialized in providing integrated platforms for the Single Window for Foreign Trade (GUCE), complete solutions for the automation of commercial procedures as well as the implementation of goods valuation analysis based on the most recent procedures.Earlier, the Minister of Commerce Axel Addy thanked officials of the two companies for their interests to come to Liberia.However, Minister Addy informed the steering committee of LPAP of WTO about the two companies in the country and what they can do to impact the process and enhance revenue collection if given the opportunity to serve.Share this:Click to share on Twitter (Opens in new window)Click to share on Facebook (Opens in new window)last_img read more

A few inquiries for NASCAR faithful

first_imgFONTANA – Just thinking. And thinking some more. While sitting in the media workroom at California Speedway, looking at wide-open spaces in the grandstands, pondering NASCAR questions. 1. If NASCAR “has 75 million fans,” as it states without attribution (or shame) in its media guide, why did only 17.5 million people watch the sport’s biggest event, the Daytona 500, last Sunday? 3. If NASCAR is keen on engaging “Hollywood” during its two visits to Fontana each year, why did it schedule today’s Auto Club 500 on the same day as the Oscars? 4. If the Labor Day race at California Speedway was the second-most watched event on the 2006 Nextel Cup schedule, why does it still have no title sponsor for the 2007 race? 5. If you and a few wealthy friends scraped up $100,000, could you get the Labor Day Weekend race named after your dog? 6. If USC’s football team can sell 91,126 tickets for a home game with Arizona State, why can’t California Speedway sell 90,000 for either of its two Nextel Cup races in Fontana? 7. If Lesa France “Daugher of The Boss” Kennedy gave up her job running International Speedway Corporation, would Gillian Zucker’s tenure as California Speedway president be measured in hours? Or minutes? Did the other 57.5 million “fans” suffer power outages in their double-wides? 2. If Daytona viewership was off nearly 2 million from 2006 because this year’s race didn’t have the Winter Olympics lead-in NBC gave it last year … how to explain the night-before Busch race’s 26percent ratings decline when it went head-to-head against that Winter juggernaut last year? center_img 8. Could a Nextel Cup car without advertiser decals complete a lap without disintegrating? 9. Which driver do other drivers loathe most? We’re fairly sure of one thing; his surname is Busch. Whether it’s Kurt or Kyle … depends on the day of the week, and which guy has just done something more provocative. With Michael Waltrip a close third to K&KB. 10. If the Busch series is meant to prepare drivers for the big leagues of the Nextel Cup, why does NASCAR allow Nextel Cup drivers to poach on Busch races? Eight of the top 10 “Busch” drivers last season were Nextel moonlighters, led by Kevin Harvick and Carl Edwards. 11. Is it true Nextel Cup drivers do the Busch races for the quick $20,000 or so mainly to keep up the payments on their personal jets? 12. Which genius at Toyota Motor Sales USA thought the most nativist and xenophobic of all American sports would embrace a Japanese automaker on the Nextel Cup tour? And has that guy found another job yet? 13. Speaking of Toyota, which of its eight fully funded teams will shut down first? Will it be Red Bull’s No. 84 Camry? Driver A.J.Allmendinger is 0-for-2 just getting into races. 14. What year will the greater New York area build a track for NASCAR? Is “when hell freezes over” a specific enough answer? 15. After seeing a half-dozen new tracks go up between 1995 and 2001, from Fontana to Florida, will NASCAR see a new circuit in our lifetimes? 16. Can NASCAR add new fans faster than it alienates its old ones? 17. Is Brian Z. France to Bill France and NASCAR what Commodus was to Marcus Aurelius and the Roman Empire? 18. If Sunoco is the official fuel provider for the Nextel Cup, how come Daytona winner Kevin Harvick was a walking, talking Shell decal? 19. What do Jeremy Mayfield and A.J. Allmendinger have in common? Both drive a Toyota and neither has made a race in 2007. 20. If Ward Burton speaks English … what language are the rest of us speaking? 21. Who says gangs can’t be eradicated? NASCAR’s Alabama Gang (Bobby Allison, Davey Allison, Neil Bonnett, et al) officially ceased to exist when Hut Strickland stopped driving. 23. If Nextel Cup is about good ol’ boys, why do only 16 of today’s 43 starters claim hometowns from the 11 states of the Confederacy? Damn Yankees. 24. If California Speedway is trying to get more people to the track, why does it allow the Kevin Costner Band to perform before today’s race? 25. If you and, oh, 10,000 of your best friends get an urge to see a Nextel Cup race today, drop on by Fontana today. Plenty of tickets still available. But come after 10a.m. if you want to miss the Kevin Costner Band. DAILYBULLETINFor more musings from columnist Paul Oberjuerge, check out his blog at www.dailybulletin.com/sports. Readers can contact him by e-mail at [email protected] 160Want local news?Sign up for the Localist and stay informed Something went wrong. Please try again.subscribeCongratulations! You’re all set!last_img read more