At least K55 million will be need for Malawi to successfully host the inaugural Mini-Olympic Games late this year, the Malawi Olympic Committee (MOC) president Oscar Kanjala has disclosed.
He said this during the week when asked about the progress of the games to prepare Malawi for the Commonwealth Games in Glasgow and Anoca Youth Games.
“Our rough estimate is K55 million. It depends on the scale of the event. [For instance], how many games will be on display, what other functions will be there as the Olympic Games are cultural games. We will determine this between now and next month,” Kanjala said.
He insisted that they will be able to raise the money through internal funding and support from the corporate world.
The games are expected to equip local administrators and athletes with skills that will enable them compete at the Commonwealth Games and the 2016 Olympic Games.
“MOC has some resources as a starter pack, then we will go to other people to ask for support.
“We have done our homework by talking to stakeholders. For example, we had a meeting with the Lilongwe CEO to sell the idea of Mini-Olympic Games,” Kanjala added.
Last week, MOC presented a copy of a strategic plan to First Gentleman Richard Banda.