Salima GBI projects impress Chinese investors

The visiting Chinese investors have described the imposing sugar factory and fruit production venture, Malawi Mangoes, in Salima, as evidence of the country’s potential for investment.

Director General of Agriculture for the Province of Anhui, China, Zhou Shiqi, made the remarks on Wednesday in Salima after the delegation toured the two projects to appreciate the viability of agro-based investment under irrigation.

Zhou said with what his delegation had seen in Salima, investors from his province in China would highly be interested to invest in the country’s agri-business.

“We are very impressed with the abundant opportunities the country has in various sectors including irrigation and with our technical expertise, human resources and equipment, we can turn around the country’s economy through investing in such areas,” explained Zhou.

He said the Anhui Province is endowed with agricultural investors who would be more than interested to come to Malawi for investment in the sector.

Commenting on the tour, Malawi Investment and Trade Centre (MITC) Director of Investment Promotion and Facilitation, Joshua Mthakomwa, hailed the tour saying it had been worthwhile and that it would soon yield results.

He disclosed that the Chinese investors had also shown interest in the education sector especially the development of technical colleges.

“We are very optimistic that with the impression they are taking back home to Anhui Province, the investors will sit down and strategize on way forward,” explained Mthakomwa.

The tour came after President Prof. Peter Mutharika, launched the Malawi-China Investment Forum in Lilongwe on Tuesday where over 300 business captains from Malawi and China’s Anhui Province met to discuss business deals.

Other than touring the Salima Sugar Factory and the banana/mangoes plantations and the water source, the delegation also toured Malawi Mangoes Fruit Processing plant in Salima before retiring to Senga-bay for lunch.

Source: Malawi News Agency