The 2018 Malawi Investment Forum (MIF) kicked started today (Monday) at Bingu International Conference Centre (BICC) in Lilongwe attracting about delegates.
This year’s event is being held under the theme: Private Sector-Led Growth. Initiated in 2015, the Forum brings together renowned and influential stakeholders- financiers, investors, government officials, local and international business captains.
President, Peter Mutharika officially opened the event organized by the Ministry of Industry, Trade and Tourism (MoITT) and the Malawi Investment and Trade Centre (MITC).
According to the organizers, the Forum is expected to create over $9 billion-worth investment opportunities to both local and foreign investors.
The projects, according to the MIF website, fall under six sectors of agriculture, energy, transport, manufacturing, tourism and ICT.
In His speech, President Mutharika urged investors to consider Malawi, branding it a land of great opportunities and possibilities.
“Malawi is a land of untapped investment potential. Malawi is the African paradox of a rich country with poor people. Malawi is a small but great country. Where many see poverty, we see potential riches. Where others see challenges, we see opportunities,” said Mutharika.