Key officials from the government of Malawi, including the Minister of Industry and Trade, Honourable Joseph Mwanamvekha and Mr Clement Kumbemba, CEO of the Malawi Investment and Trade Center travelled to London this week for a series of meetings with over 25 interested FDIs from the UK, Germany, the USA, Singapore, Latin America and China, amongst others.
Speaking in London, Minister Joseph Mwanamvekha said the mission of this trip was to understand investor requirements ahead of The Global African Investment Summit (TGAIS) that will be held in London on the 1 – 2 December 2015, where Professor Arthur Peter Mutharika, President of the Republic of Malawi will present to potential investors.
“Foreign Investors have shown an overwhelming expression of interest in Malawi across key industry sectors that been identified by the government of Malawi as having potential for driving socio-economic growth and inclusive development. These sectors include infrastructure, agro-business, agriculture, mining, ICT and importantly power.
“We look forward to welcoming these investors to Malawi to present their Heads of Agreements to the technical Ministries in September 2015,” said Minister Mwanamvekha.
Malawi’s stable economic and political climate provides an enabling environment for private sector investment leading to sustainable and inclusive growth. Malawi’s real GDP growth is projected to accelerate to 6.2% in 2015.
