The Grand Business Park, which is under construction in Lilongwe, has created job opportunities for the youth, including graduates from community technical colleges, Minister of Lands, Housing and Urban Development has said.
Speaking on Friday when he toured the construction site at Area 46 along the Western Bypass Road, Minister Simon Vuwa Kaunda said the K73 billion project by the Chinese Government has a huge impact on the youth in the country.
“Those youths who have completed their courses in different community technical colleges will find jobs and business opportunities and others are already employed to help construct this magnificent park,” he said.
Kaunda said the business park will change the face of Lilongwe and boost the country’s economy.
“A lot of foreign exchange will be saved as many Malawians who travel outside to buy materials will now find no need to do that,” he said, adding that the utility providers will also find more business and Malawi Revenue Authority will collect more taxes.
China Lilongwe Grand Holding Corporation Limited is the investor of the business park.
The firm’s assistant general manager Sherry Wang said the business park will have a shopping mall, offices, villas, five-star hotel and conference centre.
“People dealing in commercial activities in Lilongwe will be able to find basically everything under one roof. This will change the appearance and beautify our city more,” she said.
Wang said the first phase of the project will be completed at the end of this year.
“We expect to finish one casino, offices, shops and villas in the first phase of this project,” she said.