Mutharika strikes fertiliser plant deal
Malawi is expected to benefit from an agricultural investment deal that President Peter Mutharika has struck in London, when he held talks with United Kingdom (UK) based business tycoons from Israel, France, Ukraine and Morocco.
The team of investors, led by member of the Board for Innoselia Commercial Limited, Nir Gess and British Marine Limited chairman (Non-Executive), Akbar Asifis, is expected to bring to Malawi a modern fertiliser manufacturing plant.
Gess told the Malawi media, after the talks, that the discussion centred on improving agriculture in Malawi through provision of infrastructure such as the fertiliser manufacturing company.
“We discussed seriously about mining and building a fertiliser factory in Malawi among other things,” he said.
Gess said they would be looking forward to the time when all what they discussed would be implemented in the country as soon as possible.
According to him, a team to conduct a feasibility study on the fertiliser plant will soon come to Malawi.
On his part, Asifis said the business will bring diversified tourism investment.
“Apart from infrastructure development, [thus] agriculture and mining, we are bringing in tourism in a diversified manner which will make Malawi attract a lot of people.
“This will make very good impact for Malawi,” he said.
British Marine, a diversified and integrated industrial group with interests in shipping, mining, logistics and commodity trading, is set to help promote Malawi tourism in different parts of the world.
