The Managing Director of the National Port Authority (NPA) Bill Teahway has announced the introduction of a new technology called Cargo Tracking Note (CTN) that would help bolster the domestic economy via revenue inflow.
The system will track goods coming in and out of the various seaports in the country.
Liberia stands a chance to economically benefit from this new technology as it will help to generate the necessary tariff that has been under-declared by people shipping and clearing goods the seaports, Teahway said at a press conference on Wednesday, October 3, 2018, in Monrovia.
“We don’t have a complete tracking system here so for that reason there are individuals who have been bringing and carrying goods in the country but have not declared fully what they have brought or carried. But if you actually track the cargos as they come and go, you will begin to know the amount of tariff to be paid satisfactorily,” he said.
According to him, even though the technology is new to Liberia it has been in existence for a long period of time in other nations and by 2020 all countries across the globe should have this technology.
The NPA Managing Director noted that an institution called Global Tracking and Maritime Solution (GTMS) has been contracted to manage the new system with the help of the local staff.
Writes P. Nas Mulbah