Tuesday, March 2, 2021
  • About Us
  • ImagiNATION
  • Adverts
  • Rate Card
  • Contact Us
The Nation Online
  • Home
  • News
  • Politics
  • Business
  • Entertainment
  • Life & Style
    • Every Woman
      • Soul
      • Family
    • Religion
    • Feature
  • Society
  • Opinion
  • Sports
  • Chichewa
  • Enation
No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Entertainment
  • Life & Style
    • Every Woman
      • Soul
      • Family
    • Religion
    • Feature
  • Society
  • Opinion
  • Sports
  • Chichewa
  • Enation
No Result
View All Result
No Result
View All Result
Home Business Business News

Ministry moves to ease connectivity

by Steve Chilundu
13/10/2020
in Business News
3 min read
0
Share on FacebookShare on TwitterShare on WhatsAppShare on LinkedinLinkedinShare via Email

Ministry of Transport says lack of road construction and maintenance has led to serious damage to roads, inconveniencing motorists and contributing to high cost of doing business.

Minister of Transport Sidik Mia, in an interview on Friday, admitted the problem is evident nationwide and will cost government a lot of money in external loans.

RelatedHeadlines

ActionAid develops content on feminist macroeconomics

Mlusu positive on growth prospects

Arrears payment to ease job losses—Ecam

chiweta | The Nation Online
Chiweta-Kacheche section of Northern Corridor is in poor state

The minister said through the National Transport Master Plan, the ministry will prioritise road construction and maintenance starting with national roads that need urgent attention.

Mia cited the Lilongwe-Kasungu Road construction project, with support from the European Investment Bank (EIB).

The other road projects on priority list include the Salima -Nkhata Bay Road, which is in a dilapidated condition and needs attention as well as the Balaka-Zomba Road, which requires rehabilitation.

Said Mia: “The road maintenance has for the past six years stalled, but we have now taken full responsibility where we have to maintain all national and local roads to good standards.

“There have been projects going on without funding as such, we have incurred arrears in the last six years amounting to K85 billion and this a burden on our resources.”

On rural roads, he said government had over 52 road graders, but now only two are operational, a development that is contributing to road maintenance delays.

Mia said government is now maintaining graders so that works on rural roads are maintained by government machinery to save money.

Malawi Confederation of Chambers of Commerce and Industry head of real sector and macroeconomic policy Hope Chavula said in an interview that the cost of doing business in the country is high, citing production and transportation costs as among the key drivers.

He said this makes doing business expensive, effectively affecting economic growth and development.

Last year, Government of Malawi, EIB and the European Union, signed a 139 million euro (about K112 billion) financing agreement for the rehabilitation of the 347- kilometre M1.

The rehabilitation is expected to start from Kamuzu International Airport Junction via Kasungu to Kasungu-Jenda, Jenda-Mzimba junction and Kacheche-Chiweta.

The road is currently in a dilapidated state and is considered as a death trap to motorists.

The money comprises 95.5 million euros (K77 billion), which is an EIB loan described as the largest ever loan for investment in Malawi combined with 43.1 million euro (K34 billion) EU grant.

The rehabilitation of the road will reduce transport costs, cut travel time and facilitate export.

The M1 upgrade is also expected to improve international links to Zambia and enhance access to Dar es Salaam in Tanzania as part of the North-South Regional Transport Corridor.

Experts say by upgrading the road to modern standards, it will result in significant improvements in safety for road users and boost trade.

Previous Post

CFTC moves to enhance consumer protection

Next Post

Marco Sadik back with ‘Usalire’

Related Posts

IMG 20210301 WA0000 | The Nation Online
Business News

ActionAid develops content on feminist macroeconomics

March 1, 2021
Sees economic growth by 3.5 percent: Mlusu
Business News

Mlusu positive on growth prospects

March 1, 2021
Employees in the thick of things
Business News

Arrears payment to ease job losses—Ecam

March 1, 2021
Next Post
Chibambo showing off some of her portraits

Marco Sadik back with ‘Usalire’

Opinions and Columns

My Turn

Tackling global slowdowns

March 1, 2021
People’s Tribunal

Burglary at the hill

February 28, 2021
Search Within

Perseverance landed, is alive and well

February 28, 2021
Emily Mkamanga

Tasting your own salt in politics

February 28, 2021

Trending Stories

  • Olela: We are excited

    K5bn Sunbird Waterfront hotel opens May

    0 shares
    Share 0 Tweet 0
  • Inside Chisale’s seized property

    0 shares
    Share 0 Tweet 0
  • We won’t give Up—Chakwera

    0 shares
    Share 0 Tweet 0
  • Exclusive: RBM’s Mzuzu branch payment mess exposed

    0 shares
    Share 0 Tweet 0
  • Court declares Escom private company

    0 shares
    Share 0 Tweet 0
  • Values
  • Our Philosophy
  • Editorial policy
  • Advertising Policy
  • Code of Conduct
  • Plagiarism disclaimer
  • Disclaimer
  • Privacy Policy
  • Terms of use

© 2021 Nation Publications Limited. All Rights Reserved.

No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Entertainment
  • Life & Style
    • Every Woman
      • Soul
      • Family
    • Religion
    • Feature
  • Society
  • Opinion
  • Sports
  • Chichewa
  • Enation

© 2020 Nation Publications Limited. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.