Vedanta's $2 Billion Investment to Boost Liberia's Socio-Economic Future

Vedanta Sesa Goa's subsidiary, Western Cluster Ltd (WCL), plans to invest USD 2 billion in Liberia for socio-economic development. Since 2011, WCL has invested over USD 300 million in infrastructure and community projects, aiming to drive growth and create jobs in the West African region.

Vedanta Sesa Goa announced on Friday that its subsidiary, Western Cluster Ltd (WCL), is set to invest a substantial USD 2 billion towards the socio-economic advancement of Liberia, West Africa.

WCL, a wholly-owned subsidiary of Vedanta Ltd, aims to be a pivotal force in Liberia's growth trajectory under the new government. The planned investment seeks to bolster infrastructure, engage communities, and create employment.

Since its founding in 2011, WCL has already injected over USD 300 million into the region, significantly contributing to community development funds and essential infrastructure projects. 'We intend to unleash Liberia's economic potential and support local livelihoods through expanded operations,' stated Vedanta Sesa Goa CEO Navin Jaju.

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