Chakwera meets South African Investors

Malawi President Dr Lazarus Mc Cathy Chakwera early on Tuesday met the South African Investors who have expressed interest to set up in Malawi.

From the President Facebook page Chakwera says the firm is earmarking Malawi’s tourism and gaming sectors with specific interest in the Likoma Activity Centre Project.

Among the group were officials from Hosken Consolidated Investments Limited (HCI), which has a diverse portfolio in hotel and leisure; interactive gaming; media and broadcasting; transport; mining and properties.

Also present were representatives from Blue Energy Africa Blue Energy Africa, a leading Pan African developer of clean energy infrastructure that intends to invest in over 200 megawatts of power generation within a year.

From the agro -processing aspect, Natal East India Natal East India Pty Ltd – a rice processing company – has expressed interest in the Lifuwu Rice Mega Farm under an investment model that utilizes out grower schemes to optimize production and a robust export strategy that supports the value chain with attractive markets.

“I have assured all these investors of a friendly business climate that is well supported by government’s deliberate policy frameworks”

“We are leaving no stone unturned to make sure that the Malawi we all aspire for is realized in line with our development targets”.

Another investor at the meeting with a stake in construction and infrastructure development, Sizampilo Projects, is already at an advanced stage of negotiations with consultants to finance and construct the Twin Towers at Capital Hill in Lilongwe.