The Government is improving the efficiency of trade logistics systems and services through:
• A planned central facility at the Freeport of Monrovia, the country’s main port to provide a single location for the clearance of cargo.
• A preliminary risk-based inspections regime to reduce physical inspections
• ASYCUDA World, an automated customs clearance/data system It only takes 15 days to complete export procedures, compared to 30 days on average in Sub-Saharan Africa. It only costs US$1,300 per container, compared to US$2,200 in Sub-Saharan Africa.
Equipment and machinery, specialized vehicles, raw materials, capital spare parts, and other specialized capital goods to be used in the project are exempted from import duty up to 100 percent of their dutiable value and from goods and services tax (GST).