Mitc adds 35 bankable projects to compendium
The Malawi Investment and Trade Centre (Mitc) says it has added 35 projects to the country’s projects compendium to be unveiled at the forthcoming Malawi Investment Forum 2016 (MIF) in October.
Speaking in an interview in Lilongwe on Tuesday, Mitc chief executive officer Clement Kumbemba said the new projects have already been updated in a new compendium and will be ready in two weeks.
The compendium presents investment opportunities of 118 bankable projects in various sectors, including energy, mining, agriculture, manufacturing, media and communications and infrastructure dev- elopement.
Said Kumbemba: “There are some projects that have been removed in the compendium while others have been added. We have revised some of the projects and have included others which are bankable and will excite investors.”
He said so far, 50 delegates both local and foreign have registered to participate in the MIF 2016.
Kumbemba said so far, 12 companies that participated in the previous investment forum have been issued investment certificates.
“Their investment commitments are in excess of $300 million [K219 billion].
“Similarly from the Malawi China Investment Forum, we have 11 companies interested to invest in agriculture, energy, education and tourism,” he said.
Mitc director of investment promotion and facilitation Joshua Nthakomwa, in a separate interview, encouraged aspiring and local private sector firms to register before September 24 2016. n
