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STATEMENT
BY HIS EXCELLENCY
THE PRESIDENT
ALHAJI DR AHMAD TEJAN KABBAH
ON THE OCCASION OF THE COMMISSIONING
OF THE NEW BOTTLING PLANT
AT THE BREWERY COMPOUND
AT 11:00 A.M.
ON WEDNESDAY, 9TH JUNE 2004
I am sure that many of us here today are aware
of the massive toll of destruction of human lives,
properties - both private and public-experienced
not so long ago and indeed, the turbulence that
attended the economic, political and social endeavours
of our country. Also, most of us remained apprehensive
of the sequel to those events that indeed precipitated
insecurity, mass exodus of our dear compatriots
and the lack of confidence by our international
partners in development.
We
can recall that over 40 years ago when our planners
identified and mapped out suitable areas in the
Wellington environs for industrial development,
the Sierra Leone Brewery Limited was one of the
earliest industries that was sited in one of those
areas. That was the birth of a testimony of success
after success in the Brewing and Marketing of
alcoholic and non-alcoholic beverages in our country.
This
momentum was maintained throughout the years up
to 1997 and 1999 when this nation was subjected
to destruction of unimaginable proportions, and
Sierra Leone Brewery was no exception.
When
we were discussing the formation of the West African
Free Trade Area (WAFTA) which is today the Mano
River Union (MRU), a deliberate decision was taken
to locate a brewery in Freetown and other primary
industries, for example, the first stage of processing
of iron ore in Liberia. This was one of the pet
projects of the late Dr Bright who was at that
time the Executive Secretary of the Union. This
brilliant idea and others like it never materialized
partly because of conflict and instability in
the sub-region. I will venture to suggest therefore
that in light of the present moves to reactivate
the Mano River Union those who planned the development
of this particular industry will have in mind
the possibility of future expansion of this brewery
to meet the original dreams.
And
today, we are all here seeing the fruits of foresight,
faith, commitment and strategic planning in this
magnificent job of improving the production facilities
of one of the foremost companies in our beloved
Sierra Leone.
For
this reason, I am very pleased to register my
sincere thanks and appreciation to the foreign
shareholders - Heineken International, Guinness
Overseas Limited, Paterson Zochonis - and local
shareholders alike, the Management and Staff of
the Sierra Leone Brewery Limited for a job well
done within such a tight time frame, in the face
of severe constraints.
I
am pleased to note that the support that was provided
by government facilitated in some way the acquisition
of this ultra modern bottling line which will
enormously enhance production facilities and capabilities.
This development is a concrete manifestation of
our avowed commitment to the creation of conducive
conditions in which the private sector will flourish.
Therefore, we view the investment in this new
bottling line project, estimated at Euro 8m (Eight
Million Euro) or Le26.6 billion, as a welcome
response by the shareholders of the Brewery to
the range of incentives that government is providing.
Clearly
this investment represents an eloquent expression
of confidence in the investment climate in Sierra
Leone and we hope that this will attract other
investors, particularly, overseas investors, to
Sierra Leone.
My Government fully appreciates the significance
of this development in terms of the job opportunities
it offers and the improvement in the prospects
for the development of our country.
I
wish to extend my best wishes to all the stakeholders
of Sierra Leone Brewery Limited for the continuous
growth of this business, thereby generating a
more than average return on their investment.
I
thank you all and may God bless us all and bless
our dear country.
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