Malawi President Dr Lazarus McCarthy Chakwera on Tuesday met a cross section of South African investors where the president invited them to come and invest in Malawi.
While posting on his facebook page Chakwera assured them of his support.
“Earlier today, I met a group of South African investors who have expressed interest to set up in Malawi, ” reads the statement.
Among the group were officials from Hosken Consolidated Investments Limited (HCI), which has a diverse portfolio in hotel and leisure; interactive gaming; media and broadcasting; transport; mining and properties.
The firm is earmarking Malawi’s tourism and gaming sectors with specific interest in the Likoma Activity Centre Project.
Also present were representatives from Blue Energy Africa, a leading Pan African developer of clean energy infrastructure that intends to invest in over 200 megawatts of power generation within a year.
During the meeting, the agro-processing aspect, Natal East India Pty Ltd – a rice processing company – expressed interest in the Lifuwu Rice Mega Farm under an investment model that utilizes outgrower schemes to optimize production and a robust export strategy that supports the value chain with attractive markets.