Liberia. Aside from the development of e-government services, the government will
promote the production of cultural, educational and scientific content and the
development of local cultural industries suited to the linguistic and cultural context of
the users.
5.13
Investment and Funding
5.13.1
Policy Objectives
1. To create an enabling environment and facilitate foreign direct investment
as well as national private sector investment in the ICT industry;
2. To further increase competition in the ICT sector;
3. To encourage public-private partnerships for the development of ICT;
4. To provide funding of government ICT projects through appropriate
budgetary allocation;
5. To explore new and emerging sources of funding e.g., crowd-sourcing.
Investment and funding are critical to the success of any national ICT development
plan and programs. Typically, sources for such funding would include Government,
the private sector, as well as international organizations. Government has the
critical role of creating an enabling environment that will attract investment and
funding from these various stakeholders and will foster a conducive environment
for the functioning of impactful and sustainable PPP initiatives.
Although the ICT sector has witnessed increased investments over recent years, the
current policy and regulatory framework could be improved to address the uncertainty
that tends to discourage investors, consequently depriving the sector of the
necessary funding required for ICT improvement and expansion.
5.13.2
Summary of Strategies
1. Partnerships between the government and the private sector have
tremendous potential for the qualitative delivery of ICT infrastructure projects,
innovation, skills acquisition, and outreach of government services to
Liberians;
2. Private sector participation has been identified as a major catalyst in ICT
development across the globe. However, often times, there is confusion as to
the roles, levels of contribution, and rules of overall engagement thus leading
to fragmented outcomes. Liberia is therefore yet to take full advantage of the
enormous potentials inherent in public-private-partnership in ICT
development. The necessary enabling environment should therefore be
created for the realization of these benefits.
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