Capitol Hill, Dec. 8 -- The Liberian Senate has concurred with the House of Representatives in approving a major road concession agreement between the Government of Liberia and Parvifort AL Association, Inc. and Parvifort (S.L) Ltd., targeting key road corridors across the Western and Northern regions under a Public-Private Partnership (PPP) arrangement.

The Senate's decision followed the adoption of a report from its Joint Committee on Public Works; Concessions & Investment; Ways, Means, Finance & Budget; Public Accounts & Audits; Transport; and Judiciary, Human Rights, Claims & Petitions. The Committee recommended the ratification of the concession, which covers 255 kilometers of road at a total project cost of US$363,908,768.45.

Unde...