Subject: Request for Expression of Interest (REOI) to Contract a private company under a PPP Arrangement to Manage a Semi-Inshore, Semi-Industrial GRP Fishing Vessel

Reference No.: NaFAA/REOI/PPP/FGRPB/001/2025

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Assignment Title: Engagement of a Private company to manage and operate a Semi-Inshore, Semi-Industrial Glass Reinforced Plastic (GRP) Fishing Vessel in Liberia

Background
The Government of Liberia (GoL), through the National Fisheries and Aquaculture Authority (NaFAA), is currently implementing the Liberia Sustainable Management of Fisheries Project (LSMFP) with financial support from the World Bank. The LSMFP is a flagship initiative aimed at transforming Liberia’s fisheries sector into a driver of economic growth, food security, and sustainable livelihoods. The project is designed to improve sector governance, promote responsible and inclusive resource management, and stimulate private sector investment across the fisheries value chain.
One of the core priorities of the LSMFP is the development of semi-industrial and community-based fisheries as viable, climate-resilient livelihood alternatives for Liberia’s artisanal fishers, youth, and coastal entrepreneurs. This approach complements the broader national strategy to diversify fisheries production, improve value addition, and reduce reliance on foreign fishing fleets through increased domestic participation and investment.
As part of this effort, NaFAA,through LSMFP, has procured a semi-inshore, semi-industrial fishing vessel constructed with Glass Reinforced Plastic (GRP) and outfitted with modern fishing and navigation technologies. The vessel is designed for multi-purpose operations, including trawling, long-lining, and other selective fishing methods suited for Liberia’s coastal and nearshore waters. It is powered by an inboard engine and meets international basic operational, safety, and handling standards required for semi-industrial fishing activities.
To ensure the sustainable operation, productivity, and economic viability of this investment, NaFAA is seeking to engage a qualified private company through a Public-Private Partnership (PPP) arrangement. This partnership will allow a competent private company to manage, operate,
and maintain the vessel under a performance-based contract, while advancing broader policy objectives related to local capacity building, resource conservation, and private sector participation.