Liberia Investment Climate AS Phase 3

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The project builds on the work of the first two phases to continue with the reform agenda for Liberia. The overall goal is to improve the business environment through strategic reforms. Specific objectives include: 1) reducing the time required for business registration by 40 percent (by June 2013); 2) attracting additional private sector investment in target sectors by increasing the investment pipeline by 100 percent (within three years of project completion); completing the regulatory and institutional framework for development of a Special Economic Zone (within one year of project completion); introducing at least five reforms and implementing at least three Doing Business reforms (during the project); and 5) improving the business environment for tax administration by easing tax compliance time by 15 percent (within three years of project completion).