Mwanamvekha - Trade and Investment the key focus for Malawi

Mwanamvekha – Trade and Investment the key focus for Malawi

LILONGWE (Malawi NewsNow ) — A delegation of almost 17 investors from the United Kingdom (UK) will visit Malawi from 31st August to September 4th to explore investment opportunities that are available in the country.

Malawi Investment Trade Centre (MITC) Chief Executive Officer, Mr Clement Kumbemba told journalists in the capital Lilongwe on Wednesday that the visit was a follow up to the meetings which the investors had with the Minister of Industry and Trade, Mr Joseph Mwanamvekha during his visit to London.

“The investors will assess and visit potential areas where they can do their respective investments in our country,” he said.

He said the investor’s areas of interest include energy, infrastructure, agriculture, financial services and tourism but the majority are into energy after realizing the gap in electricity in Malawi.

However, he said, the delegation is expected to meet President Peter Mutharika, sectoral line ministries and key stakeholders.

He disclosed that some of the companies that will form part of the delegation include the a construction company called Dawnus which is interested to finance and construct infrastructure projects to a value of US$80 million, Aggreko Company that specializes in the provision of off-grid interim supply of electricity from either gas or diesel, Mott MacDonald a global management, engineering and development consultancy company that adds value for private and public clients and PW Mining International British owned company with head office in Ghana.