Jun 21, 2018 Last Updated 11:08 AM, Jun 21, 2018


JFile: :read: Unable to open file:

Malawi-China strike new deal

Published in Capital News
Read 44562 times
Rate this item
(0 votes)

The Malawi government has strengthened its efforts to bring foreign investment into the country with the Chinese government approving a number of multi-million dollar projects to be implemented under a new deal.

President Mutharika broke the news on October 21 during a press briefing held at Kamuzu Palace in the capital Lilongwe.

“These Chinese government-sanctioned investments come as a result of a meeting that was held in China weeks ago with officials from Malawi, EXIM Bank of China and China Gezhouba Group Company Limited,” he revealed.

According to Mutharika, Malawi is to benefit through the E-Government (National Identity) Project.

“The Chinese government approved the Fibre Back-bone component of the project, which will lay the fibre optic cables to increase internet connectivity. The second component of the National Identification Project, however, will be subjected to further discussions. The entire project is estimated to cost US$50 million,” he explained.

The deal will also come to the rescue of the tourism and civil aviation sectors as they will benefit through construction of a new state-of-the-art Chileka International Airport.

“Before implementation commences, the Malawi government will redesign the project, conduct feasibility study and an Environmental Impact Assessment. The total cost of the project is estimated at around US$286 million,” he pointed out.

In addition a team of experts from China will meet their Malawi counterparts in December to discuss technicalities of the 140 Km Tsangano – Neno – Mwanza Road pegged at US$170 million, the 129.5 Km Mangochi – Makanjira Road estimated to cost US$152 million and the Lilongwe Dual Carriage Way from Kanengo – Mchinji Roundabout on the M1 Road which is estimated to cost US$45 million.

The Mutharika government has been trying to woo foreign investors, and it recently held a Malawi Investment Forum which was aimed at selling business opportunities available in the country.

On his recent trip to China, Mutharika presented to the Chinese government 7 projects seeking Chinese financial support.

Among other areas, the projects are covering areas of energy, transport, and security.

The Chinese government has also given Malawi grants which according to Mutharika have no conditions attached.


  • Comment Link nyjToina nyjToina Thursday, 21 June 2018 18:23

    order viagra best place to buy viagra online viagra generic brand [url=https://susamsokagim.com/]buy generic viagra online[/url]

  • Comment Link ccamoole ccamoole Thursday, 21 June 2018 17:54

    real viagra for sale generic for viagra generic viagra online pharmacy [url=https://movietrailershd.org/]generic viagra online[/url]

  • Comment Link allstate allstate Thursday, 21 June 2018 16:46

    auto insurance quotes comparison car insurance comparison auto insurance quotes comparison auto insurance quotes comparison

  • Comment Link nrjemeda nrjemeda Thursday, 21 June 2018 15:57

    generic viagra viagra generic order viagra online [url=http://mo-basta.org/]best place to buy generic viagra online[/url]

  • Comment Link Lilia Lilia Thursday, 21 June 2018 13:51

    online casino real money
    casino online
    new usa online casinos
    casino online

Leave a comment

Make sure you enter the (*) required information where indicated.Basic HTML code is allowed.

Capital Tweets

Any data to display

Find Us on Facebook