LNTA and LSEZA Partner to Develop Liberia’s First Special Tourism Economic Zone at Lake Piso

The Liberia National Tourism Authority (LNTA) and the Liberia Special Economic Zones Authority (LSEZA) have signed a Memorandum of Understanding (MOU) to establish Liberia’s first Special Tourism Economic Zone (STEZ) at Lake Piso in Grand Cape Mount County. The landmark partnership marks a major step toward positioning tourism as a strategic driver of national economic growth by creating an enabling environment for sustainable investment, job creation, and the development of world-class eco-tourism experiences.

Under the agreement, LSEZA will lead the designation and administration of the Special Tourism Economic Zone, including investment facilitation, infrastructure coordination, and the provision of investor support services. LNTA, under the leadership of Director General Princess Eva Cooper, will oversee tourism standards, destination promotion, and the development of a competitive tourism and hospitality sector within the zone. Together, both institutions will work to ensure that the project balances economic development with environmental conservation and meaningful benefits for local communities.

The initiative aligns with the Government of Liberia’s ARREST Agenda for Inclusive Development by expanding the country’s Special Economic Zone program into the tourism sector and unlocking new opportunities for private investment. Once developed, the Lake Piso Special Tourism Economic Zone is expected to strengthen Liberia’s position as an emerging eco-tourism destination in West Africa, while showcasing the country’s rich natural assets to regional and international investors and visitors.