Chakwera Launches USD660-Malawi Tourism Investment Master-Plan

BY DRAXON MALOYA

President Lazarus Chakwera has unveiled a $660 million tourism investment master plan that maps the infrastructure development plan in the sector with a call on Malawians to be the first to market the country to the world.

Chakwera said Malawi has a lot of potential and Malawians themselves should be proud of the country.

He called on Malawians to speak good about the country to attract investors.

“Let every Malawians speak good about the country to attract investors, as our investors come and invest in tourism they appreciate that the country has peaceful people with rich culture and good incentives for investment,” Chakwera said.

In his remarks Minister of Tourism Culture and Wildlife, Michael Biswick Usi says the 20-year Malawi National Tourism Investment Master-plan will help turn around the economy as stipulated in the Malawi Vision 2063.

“The plan will guide how we will manage the tourism sector so that we are competitive globally. It will also unlock Malawi’s tourism sector, to be relevant to both local and international markets.” emphasized Usi.

However, Usi said his ministry noted that Malawi’s international tourism market share were low despite the country having various attractive sites.

The investments under the plan will be financed through Public Private Partnership with African Development Bank providing some financing.