President Ernest Bai Koroma has, on behalf of the government of Sierra Leone, signed a Memorandum of Understanding (MoU) with a Chinese Consortium - China International Fund Limited and China Railway Construction Corporation - in order to develop strategic partnership and cooperation to ensure that the rich potential resources of Sierra Leone benefit the people through improved welfare, provision of services and infrastructure and the strengthening of Sierra Leone's national development through experience sharing (South-South Cooperation) particularly in the sphere of construction of core infrastructure assets.
Secondly, the MoU is expected to promote the transfer of relevant technical organisational and management skills necessary to bring the Republic of Sierra Leone to a higher level of development and prosperity. Furthermore, to assist the government in sourcing, implementing or pre-qualifying skilled and competent contractors and financiers for the purpose of its national development priorities, award of contracts for projects specifically in the following priority areas:
...