President Peter Mutharika on Sunday in Blantyre took the opportunity of the visiting Chinese delegation to sell the Investment Compendium government has developed as part of wooing more Chinese investments.
The delegation—led by Zhang Ping, Vice-Chairperson of the Standing Committee of the National People’s Congress of China—jetted in the country Sunday afternoon to ‘strengthen bilateral ties’ between the two countries.
Said Mutharika: “Recently, I launched the Malawi Investment Compendium, which is a list of investment opportunities available in Malawi.
“I would like to invite both local and international Chinese investors to come and invest in these projects including projects in the Mining Sector,” he said.
Mutharika—who described China as ‘one of true and best friends’—further said that Malawi will on June 29 and 30, 2015, host the first Malawi Investment Forum.
“I would like to take this opportunity to also invite Chinese Companies to take an active role in this Forum. Let me take this opportunity to appreciate the support that the Embassy of the People’s Republic of China in coordination with Chinese Companies, such as Huawei, have rendered to the government of Malawi, in preparation for this Forum,” he said.
In his remarks, Ping hailed Mutharika’s government for embarking on various governance reforms which he said will help Malawians scale up their development journey.