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-362-<br />

(distribution) of educational, technical and vocational training<br />

facilities.<br />

<strong>The</strong> Transfer of Technology and the Industrial and/or<br />

Technological Co-operation Between the Foreign Investors<br />

and the Host Country<br />

In Liberia there is no question of industrial and/or<br />

technological co-operation between the multinational corporations<br />

and other foreign investors operating in the country and the<br />

Government and/or Liberian entrepeneurs. <strong>The</strong> Liberian political<br />

elite had realized that its capacity to exploit the country's<br />

potential was insufficient but the content of the concession<br />

agreements granted to foreign investors who had the financial<br />

means and the technical capability of such an exploitation<br />

clearly prove:<br />

First, that it had never been the intention of the Government to<br />

gradually take over the exploitation of the country's natural<br />

resources as most agreements were granted for extremely long<br />

periods, generally varying from 60 to 99 years: 80 years (L.M.C.<br />

and N.I.O.C.) and 70 years (L.A.M.C.O.-J.V., B.M.C. and<br />

L.I.S.C.O.) in case of the iron ore mining companies, and 99<br />

years (Firestone), 80 years (<strong>The</strong> Liberia Company, B.F. Goodrich),<br />

and 70 years (Salala Rubber Company, L.A.C.) in case of some of<br />

the plantation companies, to mention the country's most<br />

important investments;<br />

Secondly, that it had never been the intention of the Government<br />

to increasingly participate side by side with the foreign<br />

investors in the management and exploitation of these natural<br />

resources: until 1973 the training of Liberians was generally<br />

not provided for in the concession agreements whereas in those -<br />

exceptional - cases that some kind of training of Liberians had<br />

been included in the agreements signed between foreign investor<br />

and the Government the latter never took any action to enforce<br />

this obligation,,<br />

<strong>The</strong> concession agreements with two of the four big iron ore<br />

mining companies did not provide for the training of employees<br />

or the education of their children (L.M.C. and N.I.O.C).<br />

<strong>The</strong> LAMCO J.V. was officially obliged (1) to provide free<br />

primary and secondary school education for the dependents of<br />

employees and of some local government officials, and (2) to<br />

.provide on the job training, to operate vocational training<br />

centers, and to provide scholarships (see the reviewed agreement<br />

of 1974, in Annex 14). <strong>The</strong> same applies to the Bong Mining<br />

Company. <strong>The</strong>se two companies form the only two notable<br />

exceptions to the preceding general statement of the companies'<br />

obligations and behaviour with respect to manpower training and<br />

development. As one Liberian author stated, the LAMCO Joint<br />

Venture's training programme constituted the largest as well as

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