President Lazarus Chakwera has said Malawi can be turned into a tourism hub in the region and in turn grow the country’s social-economic development.
To realise such a dream, the President said his Tonse Alliance government will introduce a wide range of tourism investment incentives over and above the current ones to make Malawi a more attractive tourism investment destination.
“The incentives will ensure that investment opportunities in tourism are both comprehensive and accessible to both local and international investors,” he said.
Chakwera was speaking on Friday when he officially opened the Segocoa Golden Peacock in Blantyre.
He has since commanded the Ministry of Tourism and Culture to work with the Malawi Revenue Authority on the same for best results.
“I expect all the relevant stakeholders to ensure that the incentives go towards the right beneficiaries who have facilities in use by tourists. No abuse of these incentives must be tolerated,” the President warned.
On existing tourism destination structures, the President expressed his dissatisfaction with what he called ‘results of unplanned development works’; pledging his administration will work towards rectifying past mistakes “for a better future.”
In his remarks Chinese Deputy Ambassador Xiusheng Wang pledged continued support to the country, adding China values the bilateral relationship between the two countries.
The $60 million hotel boasts of over 120 executive guest rooms, Chinese and Western restaurants, a shopping mall and a casino, among others.